Alan Greenspan, architect of the modern American economy, dies aged 100

Alan Greenspan, the influential former chairman of the US Federal Reserve who died at age 100 from Parkinson's disease complications, shaped American economic policy for nearly two decades from 1987 to 2006. Originally trained as a clarinetist who played with jazz legends, he transitioned to economics and became a devotee of free-market philosophy influenced by Ayn Rand. During his unprecedented five terms leading the Fed under four presidents from both parties, he oversaw the longest sustained period of US economic growth in a generation while managing numerous crises through interest rate adjustments and liquidity provision.