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The Age of Turbulence
Adventures in a new world
by Alan Greenspan

2007, The Penguin Press , 507 pages

The defining moment for the world's economies was the fall of the Berlin Wall in 1989, revealing a sate of economic ruin behind the iron curtain far beyond the expectations of the most knowledgeable Western economists. Central planning was exposed as an unredeemable failure; coupled with and supported by the growing disillusionment over the interventionist economic of the Western democracies, market capitalism began to quietly displace those policies in much of the world. Central planning was no longer a subject of debate. There were no eulogies....—Page 12

Back in the heyday of the first radical-libertarian ideological surge—I place it at two years plus or minus of my own personal awareness, in 1970, of the publication of Robert A. Heinlein's The Moon is a Harsh Mistress (©1966)—the Ayn Rand Objectivist machinery was running at full-tilt boogie. Also in 1966, a series of columns from her monthly newsletter, The Objectivist, was published under the title Capitalism the Unknown Ideal. In that book were three articles written by Alan Greenspan, entitled:

Antitrust—
Assault on Integrity—FDA, SEC, need for regulations to protect people from greedy businessmen
Gold and Economic Freedom—

In the early days, back in the late 60s and early 70s, when several fundamental ideas about society were gelling in the minds of young passionate advocates,