New Delhi, June 24 -- Alan Greenspan, the global titan of central banking who led the US Federal Reserve during decades of prosperity, has died at 100, just when elements of his free-market philosophy are experiencing a renaissance.

Greenspan is best remembered by fans, including new Fed Chair Kevin Warsh, for his economic stewardship during a period known as the Great Moderation.

Taking over after the inflation-plagued 1970s and early 1980s, Greenspan's Fed delivered mostly stable prices, booming asset markets and steady economic growth. He came to be known as 'the Maestro,' having gained a reputation for fine-tuning the economy during the technological changes of the internet era and keeping inflation relatively contained through it a...