“Atypical restraint on compensation increases has been evident for a few years now, and appears to be mainly the consequence of greater worker insecurity. The willingness of workers in recent years to trade off smaller increases in wages for greater job security seems to be reasonably well documented.” [1]
Alan Greenspan was an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. He worked as a private adviser and provided consulting for firms through his company, Greenspan Associates LLC. Wikipedia
Born 1926, Washington Heights, New York, NY
Died June 22, 2026 (age 100 years), Washington, D.C.
