Alan Greenspan fueled America’s boom — and set a course for future prosperity
Alan Greenspan, who died at age 100, served as Federal Reserve Chairman from 1987 to 2006. During his tenure, inflation was kept near 2‑3% and the U.S. stock market experienced a multi‑decade bull run. The article argues that his policies of low inflation, fiscal restraint, and limited regulation contributed to sustained economic growth.
- ▪Alan Greenspan was appointed Fed chair by President Ronald Reagan in 1987 and remained in the role through the administrations of Bill Clinton and George W. Bush.
- ▪Under Greenspan, inflation averaged between 2% and 3%, and the S&P 500 returned roughly ninefold over his 19‑year tenure.
- ▪He warned investors in 1996 about "irrational exuberance" while the market continued to rise, driven by technology firms such as Apple, Amazon and Google.
- ▪The piece credits Greenspan’s emphasis on stable prices and reduced government deficits for the era’s balanced budgets and the dollar’s dominance as a global reserve currency.
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| Original publisher | New York Post |
| Canonical URL | https://nypost.com/2026/06/22/opinion/alan-greenspan-fueled-americas-boom-and-set-a-course-for-prosperity/ |
| Publication time | Mon, 22 Jun 2026 19:52:21 -0400 |
| Retrieval time | 2026-06-23T00:16:53.221Z |
| Last seen | 2026-06-23T00:16:53.221Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 2pk3ZdlL1i3l |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Opinion Alan Greenspan fueled America’s boom — and set a course for future prosperity By Stephen Moore Published June 22, 2026, 7:52 p.m. ET Former Federal Reserve Chairman Alan Greenspan has died at the age of 100. REUTERS/Yuri Gripas/File Photo See more of our coverage in your search results. Add The New York Post on Google Alan Greenspan, who died Monday at the age of 100, presided over a two-decade-long period of almost unprecedented American boom and economic dominance that’s now inaptly called “The Great Moderation.” His long tenure as chairman of the Federal Reserve Board offers invaluable economic lessons that today’s Fed would be wise to heed. President Ronald Reagan nominated Greenspan as Fed chair in 1987, during his second White House term.
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