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William Harold Greider|
August 6, 1936
|Education||Princeton University (B.A., 1958)|
|Known for||author of Secrets of the Temple: How the Federal Reserve Runs the Country|
|Home town||Wyoming, Ohio (suburb of Cincinnati, Ohio)|
Linda Furry Greider (m. 1961)
Harold William Greider|
Gladys (McClure) Greider
|Website||williamgreider.com (archived 2014)|
William Harold Greider (born August 6, 1936) is an American journalist and author who writes primarily about economics.
Greider was born in Cincinnati, Ohio on August 6, 1936 to Harold William Greider, a chemist, and Gladys (McClure) Greider, a writer, and raised in Wyoming, Ohio, a Cincinnati suburb. William Greider went on to study at Princeton University, receiving a B.A. in 1958.
His 2009 book was Come Home, America: The Rise and Fall (And Redeeming Promise) Of Our Country. Before that he published The Soul of Capitalism: Opening Paths to a Moral Economy, which explores the basis and history of the corporation, the existence of employee-ownership as an alternative form of corporate governance, environmental issues, and how important people's contributions are to make the economy a humane one. Given its anticipation of the issues raised by the 2008 securities crisis, Occupy Wall St., and works with a similar theme by Gar Alperovitz, Richard Wolff, Michael Moore, Noreena Hertz, and Marjorie Kelly, it can be considered an underrecognized work. He is national affairs correspondent for The Nation, a liberal political weekly. Prior to his work at The Nation, he wrote for Rolling Stone magazine during the 1980s and 1990s, and worked as an on-air correspondent for Frontline on PBS.
Greider also wrote a book on globalization – One World, Ready or Not: The Manic Logic of Global Capitalism (1997) – which suggested vulnerabilities and inequities of the global economy. The credibility of this work was heavily criticized by economist Paul Krugman, who claimed that Greider ignored the fallacies of composition that run rampant in the work, misinterpreted facts (some of which were incorrect), and misled readers with false assumptions – all possibly due to his lack of consultation with economists.
Greider's most well-known, powerful and far-reaching work is Secrets of the Temple: How the Federal Reserve Runs the Country (1987), which chronicles the history of the Federal Reserve, and especially from 1979 to 1987 under the chairmanship of Paul Volcker, during the presidencies of Jimmy Carter and Ronald Reagan.
A former reporter and editor at the Washington Post, Greider is credited with coining the term "Nader's Raiders" in a Post article dated November 13, 1968. During an October 1, 2008 broadcast interview on the impending passage of the "Wall Street bailout" despite widespread public opposition. Greider observed:
William Greider is married to Linda Furry Greider and they have two children. They reside in Washington, D.C.