Mallaby: Greenspan Called Fed 'Historic Disaster'

The transcript discusses Alan Greenspan's influence on economic policy, particularly his skepticism of productivity data and its impact on unemployment. It highlights his unique approach to economics, his contradictions, and his influence as the Federal Reserve Chairman. The transcript also touches on breaking news about Saudi Arabia's bond sale and provides insights into Greenspan's personal life and career.

What was the significance of Greenspan's productivity call in relation to unemployment?

Describe the techniques Greenspan used to communicate complex problems to politicians.