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What Alan Greenspan got right and wrong at the Fed
Jan 10, 2024

What Alan Greenspan got right and wrong at the Fed

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A biographer discusses the former chairman's complicated legacy. Plus, raising cattle costs a lot more than it used to.

Segments From this episode

Alan Greenspan's greatest legacy may be the Fed's independence

Jan 10, 2024
Greenspan ignored political pressure to cut interest rates so that he could bring down inflation, says author Sebastian Mallaby.
Where did Alan Greenspan, above, go wrong? "In thinking that 2% inflation was the be-all and end-all," says Sebastian Mallaby, "because it turns out, of course, that economies can be disrupted by things other than the price of eggs going up too fast."
Saul Loeb/AFP via Getty Images

Why we care about wholesale numbers

Using census numbers released Wednesday, “Marketplace” host Kai Ryssdal looks at wholesale inventories and how some small businesses are taking stock in the new year.

If inflation slowed down in 2023, why is my grocery bill so high?

Jan 10, 2024
2023 was officially a very good year for the US economy: unemployment stayed near record lows, the markets were strong, and inflation came under control. So with all this good news, why does looking at the grocery bill still feel a little like getting poked with a cattle prod? 
Ranchers watch as cow prices are bid up at a cattle auction in Caldwell, Idaho.
Stacey Vanek Smith

The team

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Jordan Mangi Assistant Digital Producer