Barron’s speculates on why it is under lock and key. (Thanks Lew)
Source link: http://blog.mises.org/7978/whats-the-deal-with-greenspans-dissertation-anyway/
What’s the deal with Greenspan’s dissertation anyway?
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Based on his essay in Capitalism: The Unknown Ideal where he praises a ‘true gold standard’ (in his mind, convertibility is what makes a true gold standard, and not 100% reserves) and attacks central banks and governments attempts to expand the money supply and debase the currency, it would seem quite likely that Greenspan’s hidden thesis is a concerted attack on central banks’ and government’s inflation of the money supply.
Ah… the irony. It seems Greenspan turned to the dark side long ago and did away with his youthful ideals.
“…it would seem quite likely that Greenspan’s hidden thesis is a concerted attack on central banks’ and government’s inflation of the money supply.”
Alas, that sounds very plausible.
Whilst in academia, Greenspan was a staunch advocate of the gold standard, which he shortly abandoned after being embraced by Rockefeller and gang.
see: Creature From Jekyll Island
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