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  • The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Past Quotes , Technology 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



    Tags : Alan Greenspan Quotes , Past Quotes , Japan Quotes
  • That which befits us, embosomed in beauty and wonder as we are, is cheerfulness, and courage, and the endeavor to realize our aspirations. Shall not the heart which has received so much, trust the Power by which it lives? May it not quit other leadings, and listen to the Soul that has guided it so gently, and taught it so much, secure that the future will be worthy of the past?
  • 5 years ago



    Tags : Ralph Waldo Emerson Quotes , Heart Quotes , Past Quotes
  • My friends: Music is the language of spirits. Its melody is like the frolicsome breeze that makes the strings quiver with love. When the gentle fingers of Music knock at the door of our feelings, they awaken memories that have long lain hidden in the depths of the Past. The sad strains of Music bring us mournful recollections; and her quiet strains bring us joyful memories. The sound of strings makes us weep at the departure of a dear one, or makes us smile at the peace God has bestowed upon us.
  • 5 years ago



    Tags : Khalil Gibran Quotes , Memories Quotes , Past Quotes
  • Pleasure to me is wonder—the unexplored, the unexpected, the thing that is hidden and the changeless thing that lurks behind superficial mutability. To trace the remote in the immediate; the eternal in the ephemeral; the past in the present; the infinite in the finite; these are to me the springs of delight and beauty.
  • 5 years ago



    Tags : H. P. Lovecraft Quotes , Spring Quotes , Past Quotes
  • Socialism is the phantastic younger brother of despotism, which it wants to inherit. Socialism wants to have the fullness of state force which before only existed in despotism. ... However, it goes further than anything in the past because it aims at the formal destruction of the individual ... who ... can be used to improve communities by an expedient organ of government.
  • 5 years ago



    Tags : Friedrich Nietzsche Quotes , Brother Quotes , Past Quotes