Alan Greenspan Quotes, Art Quotes, Skills Quotes

The arts develop skills and habits of mind that are important for workers in the new economy of ideas.

6 years ago

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Tags : Alan Greenspan Quotes , Art Quotes , Skills Quotes

The process of innovation is, of course, never ending.

6 years ago

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Tags : Alan Greenspan Quotes , Innovation Quotes , Process Quotes

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Retrospect Quotes

The tub helps me relax, and it's a great place to read.

6 years ago

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Tags : Alan Greenspan Quotes , Relax Quotes , Tubs Quotes

We will have more crises and none of them will look like this because no two crises have anything in common except human nature.

6 years ago

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Tags : Alan Greenspan Quotes , Two Quotes , Looks Quotes

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

6 years ago

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Tags : Alan Greenspan Quotes , Issues Quotes , Calling Quotes

I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

6 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Long Quotes

The guiding purpose of the government regulator is to prevent rather than to create something.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Purpose Quotes

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

6 years ago

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Tags : Alan Greenspan Quotes , Political Quotes , Groups Quotes

The Iraq War is largely about oil.

6 years ago

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Tags : Alan Greenspan Quotes , War Quotes , Oil Quotes

Institutions of the newer participants in global finance had not been tested, until recently...recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.

6 years ago

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Tags : Alan Greenspan Quotes , Running Quotes , Financial Quotes

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

6 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Support Quotes

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

6 years ago

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Tags : Alan Greenspan Quotes , Money Quotes , Rights Quotes

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

6 years ago

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Tags : Alan Greenspan Quotes , Fall Quotes , Home Quotes

[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.

6 years ago

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Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.

6 years ago

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

6 years ago

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Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes

Credit-default swaps, I think, have serious problems associated with them.

6 years ago

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Tags : Alan Greenspan Quotes , Thinking Quotes , Credit Quotes

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

6 years ago

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

6 years ago

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Tags : Alan Greenspan Quotes , Clouds Quotes , Numbers Quotes