Alan Greenspan’s Biggest Mistake

What did Alan Greenspan say was the biggest mistake of his career? Wharton Emeritus Finance Professor Jeremy Siegel explains how Greenspan failed to foresee the financial crisis, why it shocked him, and how it changed his view of free market capitalism.

ABOUT THE EPISODE What can investors expect from the Federal Reserve under its new leadership? Wharton Emeritus Finance Professor Jeremy Siegel discusses what the appointment of Kevin Warsh could mean for monetary policy, why he believes the Fed should rely more on forward-looking economic data, and how inflation, interest rates, and oil prices could shape the path ahead. The conversation also explores Alan Greenspan’s legacy, lessons from the 2008 financial crisis, and how the Federal Reserve may evolve in the years to come.

ABOUT THE PODCAST This Week in Business features interviews with Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School and published twice per week.

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