Literature Network » Adam Smith

US money man's debt to legacy of Adam Smith

Content courtesy of

From: The Scotsman
Date: 20050205
Author:Stephen McGinty

EVERY morning, at 5:30, Alan Greenspan sinks for an hour or so into a hot bath in his renovated farmhouse in Washington and broods on a Scotsman, long dead. The early baths began in the 1970s to soothe a back injury, but became a daily routine after Greenspan discovered the therapeutic effect on his brain. He says the early rise and hot water raises his IQ 15 points.

As chairman of the US Federal Reserve for the past 18 years and arguably the most powerful man in global finance, those extra 15 points have kept Greenspan as the right-hand money man to five presidents. Last year, at the age of ...

Read the rest of this article with a Free Trial at HighBeam Research.

Other Articles on Adam Smith

About Our Articles: We've partnered with Highbeam Research to provide these article excerpts for your research needs. However, due to copyright laws, we cannot publish the whole article. To view these articles in full length you'll need to use the link above to access the free trial at Highbeam.