The economy that Alan Greenspan is about to hand over is in a much less healthy state than is popularly assumed.
DESPITE his rather appealing personal humility, the tributes lavished upon Alan Greenspan, the chairman of the Federal Reserve, become more exuberant by the day. Ahead of his retirement on January 31st, he has been widely and extravagantly acclaimed by economic commentators, politicians and investors. (The Economist leder)