Last updated on:
7/27/2011 |
Author: ProCon.org
Alan Greenspan, PhD Biography
- Title:
- Former Chairman of the US Federal Reserve
- Position:
- Not Clearly Pro or Con to the question "Should the Government Allow a Path to Citizenship for Undocumented Immigrants?"
- Reasoning:
-
“[T]here is little doubt that unauthorized, that is, illegal, immigration has made a significant contribution to the growth of our economy. Between 2000 and 2007, for example, it accounted for more than a sixth of the increase in our total civilian labor force…
[E]conomists generally view the overall economic benefits of this workforce as significantly outweighing the costs. Accordingly, I hope some temporary worker program can be crafted.”
Testimony before the US Senate Subcommittee on Immigration, Refugees, and Border Security, judiciary.senate.gov, Apr. 30, 2009
- Involvement and Affiliations:
-
- President, Greenspan Associates, LLC
- Member, Advisory Board, Paulson & Co. Inc., Jan. 2008-present
- Senior Advisor, Deutsche Bank AG, Aug. 2007-present
- Consultant, Pacific Investment Management Co LLC, May 2007-present
- Recipient, Defense Department Distinguished Public Service Award, Jan. 2006
- Chairman of the US Federal Reserve, Aug. 1987-Jan. 2006
- Former ex officio member, Board of Directors, Bank for International Settlements
- Recipient, Presidential Medal of Freedom, 2005
- Member, Board of Directors, Council on Foreign Relations, 1982-1988
- Chairman, National Commission on Social Security Reform, 1981-1983
- Chairman of the Council of Economic Advisors under US President Gerald Ford, 1974-1977
- Former member, Board of Directors, J.P. Morgan, Alcoa, Mobil Corp., General Foods, and other corporations
- Former clarinetist, The Henry Jerome Orchestra
- Education:
-
- PhD, Economics, New York University, 1977
- MA, New York University, 1950
- BS, New York University, 1948
- Attended Columbia University
- Other:
-
- Married NBC News correspondent Andrea Mitchell, Apr. 6, 1997
- Born Mar. 6, 1926, New York, NY
- Quoted in: