Celebrate America's 250th with DISH.

For a limited time, get an extra $250 off when you sign up.

Call 888 Add Dish or visit DISH.com today and use code DISH 250 to claim your $250 savings.

That's 888 Add Dish. Offer ends August 12. Terms apply.

Longtime Fed Chair Alan Greenspan has died. He was 100 years old. From Marketplace in Washington, I'm Kimberly Adams. Former chairman of the Federal Reserve,

Alan Greenspan, died today of complications due to Parkinson's disease. Greenspan served under

four president in his five terms as Fed Chair. And for more on Greenspan's economic legacy

from someone who worked alongside

him, I'm joined by Julia Coronado, founder and president of macro policy perspectives and a professor

at the University of Texas Austin. Julia, good morning. Good morning. We are just getting this news

about Mr. Greenspan's passing. What are your initial thoughts?

Well, I worked for Alan Greenspan when he was chair of the Fed. It was my first job out of graduate school.

So it was an absolute honor to work for him. He was an incredible leader and he really helped stabilize the U.S. economy through monetary policy.

And, you know, he was a significant figure in our economic history.

What are some of the key components do you think of his legacy to the

economic system? Alan Greenspan, you know, he took over from Paul Volker. He was the first to sort of

move the Fed towards greater transparency. He added a statement after the meetings to let the public know

what the Fed was doing and thinking. He was really very, very rigorous about data. He knew the

data better than anybody. He would use every source of data available to him and really, really try to understand

what was happening in the U.S. economy and make the best decisions accordingly.

He was also known for his rather unique way of communicating.

Yes.

...