{"id":553,"date":"2008-10-23T16:17:00","date_gmt":"2008-10-23T16:17:00","guid":{"rendered":"http:\/\/astraea.net\/blog\/?p=553"},"modified":"2008-11-04T16:26:41","modified_gmt":"2008-11-04T16:26:41","slug":"greenspan-admits-naivety","status":"publish","type":"post","link":"https:\/\/www.astraea.net\/blog\/greenspan-admits-naivety\/","title":{"rendered":"Greenspan admits naivety &#8230;"},"content":{"rendered":"<p>Making comments to Congress, former Federal Reserve Chairman Greenspan, said that the recent financial crisis had left him<a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7687101.stm\"> &#8220;in a state of shocked disbelief&#8221;<\/a>.<\/p>\n<p>This might surprise financial players and pundits who had elevated Greenspan to godlike status.\u00a0 Others, who have been doing simple sums of fundamental resource constraints and human behaviour against a background of seeming low risk, high growth expansion, are not so surprised.<\/p>\n<p>Whether or not we learn from this crisis is not certain.\u00a0 The people who brought us here are apparently expected to provide solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Making comments to Congress, former Federal Reserve Chairman Greenspan, said that the recent financial crisis had left him &#8220;in a state of shocked disbelief&#8221;. This might surprise financial players and pundits who had elevated Greenspan to godlike status.\u00a0 Others, who have been doing simple sums of fundamental resource constraints and human behaviour against a background &hellip;<br \/><a href=\"https:\/\/www.astraea.net\/blog\/greenspan-admits-naivety\/\" class=\"more-link pen_button pen_element_default pen_icon_arrow_double\">Continue reading <span class=\"screen-reader-text\">Greenspan admits naivety &#8230;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[27],"tags":[],"class_list":["post-553","post","type-post","status-publish","format-standard","hentry","category-economy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4hwcd-8V","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/comments?post=553"}],"version-history":[{"count":0,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/553\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/media?parent=553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/categories?post=553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/tags?post=553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}