Timeline March 1926

Events in March 1926 8

• 1926 – 2026 Alan Greenspan Alan Greenspan (born 6 March 1926, New York City) served as Chairman of the Federal Reserve of the United States from 1987 to 2006 — the second-longest tenure in the Fed's history. During his 18 years at the Fed, Greenspan navigated the 1987 Black Monday crash, the savings and loan crisis, the dot-com bubble, the 9/11 attacks and the longest peacetime economic expansion in American history. His monetary philosophy — keeping interest rates low, trusting financial markets to self-regulate, and using the Fed's bully pulpit to guide market expectations — was influential beyond measure. The 2008 financial crisis, which struck two years after his retirement, forced a devastating reassessment of those beliefs. Greenspan famously admitted to Congress in 2008 that he had found 'a flaw' in his ideology.
• 1926 Alan Greenspan born in Washington Heights, New York Alan Greenspan is born on 6 March 1926 in the Washington Heights neighbourhood of Manhattan, the only child of Herbert Greenspan, a stockbroker, and Rose Goldsmith. His parents divorce when he is five; he is raised primarily by his mother and maternal grandparents in a Jewish household. Herbert Greenspan writes a book called 'Recovery Ahead!' (1935) predicting economic recovery from the Depression — an early sign that economic thought runs in the family. Alan is a gifted student of mathematics and shows an early aptitude for numbers.
• 1926 – 2016 Andrzej Wajda (1926-2016) Died 9 October 2016, aged 90 Wajda was a Polish film director whose works, including Ashes and Diamonds and Man of Iron, chronicled Poland's turbulent 20th-century history. He received an honorary Academy Award in 2000 for lifetime achievement. He remained active in filmmaking until his death.
• 1926 Goddard launches the first liquid-fueled rocket A 10-second flight that opened the space age On 16 March 1926, American physicist Robert Goddard launched "Nell," the first rocket powered by liquid fuel, from a farm in Auburn, Massachusetts. The rocket rose only 12 metres, but the achievement is regarded as the founding moment of modern rocketry.
• 1926 – 2017 Jerry Lewis (1926-2017) Died 20 August 2017, aged 91 American comedian, actor and filmmaker known for his slapstick comedy partnership with Dean Martin and later solo films including The Nutty Professor. He hosted the annual Labor Day telethon for muscular dystrophy for decades. He was widely regarded, especially in France, as a comic auteur.
• 1926 – 2016 Dario Fo (1926-2016) Died 13 October 2016, aged 90 Fo was an Italian playwright, actor, and satirist awarded the Nobel Prize in Literature in 1997 for work combining comedy with pointed social and political criticism. His best-known play, Accidental Death of an Anarchist, was performed worldwide. He was also a lifelong political activist.
• 1926 Ingvar Kamprad born in Småland Ingvar Feodor Kamprad is born on 30 March 1926 on a farm called Elmtaryd near the village of Agunnaryd in Småland, southern Sweden. Småland is a poor, rocky region where the soil is thin and farming is hard — a place that historically produces either emigrants or extremely resourceful people. Kamprad inherits both traits: he works with ferocious intensity and treats every öre as precious. His grandmother gives him money as a reward for collecting berries; he uses it to buy matches in bulk and resell them individually at a profit. He is five years old.
• 1926 – 2005 John Fowles (1926-2005) Died 5 November 2005, aged 79 John Fowles, the British novelist known for "The French Lieutenant's Woman" and "The Collector", died on 5 November 2005. His novels combined literary experimentation with popular storytelling and were widely adapted for film. Fowles lived for much of his later life in Lyme Regis, the setting of his best-known novel.