Capitalism in America: A History (Random House Large Print) About the Author Alan Greenspan was born in 1926 and reared in the Washington Heights neighborhood of New York City. After studying the clarinet at Juilliard and working as a professional musician, he earned his BA, MA, and PhD in economics from New York University. In 1954, he cofounded the economic consulting firm Townsend-Greenspan & Company. From 1974 to 1977, he served as chair of the Council of Economic Advisors under President Gerald Ford. In 1987, President Ronald Reagan appointed him chairman of the Federal Reserve Board, a position Greenspan held until his retirement in 2006. He is the author of the #1 New York Times bestseller The Age of Turbulence.Adrian Wooldridge is a Washington correspondent for The Economist and was its West Coast bureau chief, based in Los Angeles. He is the author of Measuring the Mind: Education and Psychology in England, 1860–1990. He has written for The Wall Street Journal, The New Republic, and The Times of London, and has appeared on NPR and the BBC.