| William Greider | |
| Birth Date: | 6 August 1936 |
| Birth Place: | Cincinnati, Ohio, U.S. |
| Death Place: | Washington, D.C., U.S. |
| Birth Name: | William Harold Greider |
| Education: | Princeton University (BA) |
| Occupation: | Journalist, author |
| Children: | 2 |
| Known For: | author of Secrets of the Temple: How the Federal Reserve Runs the Country |
| Website: | williamgreider.com (archived 2014) |
William Harold Greider (August 6, 1936 – December 25, 2019) was an American journalist and author who wrote primarily about economics.[1]
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.[2] William Greider went on to study at Princeton University, receiving a B.A. in English in 1958.[2] [3]
After college, Greider began his reporting career as a reporter for the Daily Journal, a newspaper in Wheaton, Illinois.[1] It was at that newspaper where he met his future wife, Linda Furry, a fellow reporter.[1]
Greider then worked for The Louisville Times, and was sent to Washington, D.C., in 1966 to cover Washington for The Times and for the Louisville Courier-Journal.[1] He moved to The Washington Post in 1968, where he was a national correspondent, an assistant managing editor for national news, and a columnist.[1] Greider is credited with coining the term "Nader's Raiders" in a Washington Post article dated November 13, 1968.[4] Greider next moved to Rolling Stone magazine, where he worked from 1982 until 1999.[1]
He was national affairs correspondent for The Nation,[5] a progressive political weekly. Prior to his work at The Nation, he worked as an on-air correspondent for Frontline on PBS.
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 Street, and works with a similar theme by Gar Alperovitz, Richard Wolff, Michael Moore, Noreena Hertz,[6] and Marjorie Kelly,[7] it can be considered an under-recognized work.
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 argued 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.[8]
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.
During an October 1, 2008, broadcast interview[9] on the impending passage of the "Wall Street bailout" despite widespread public opposition. Greider observed:
On January 29, 2009, in an interview with Amy Goodman on Democracy Now!, Greider commented regarding the United States' financial system's financial crisis:
William Greider was married to Linda Furry Greider and they had two children.[2] They resided in Washington, D.C.[2] He died at his home in Washington from congestive heart failure on December 25, 2019.[10]