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Alan Greenspan Quotes
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Alan Greenspan Quotes 143
- Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.
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Tags : Alan Greenspan Quotes , Successful Quotes , Stuff Quotes
- What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.
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Tags : Alan Greenspan Quotes , Reality Quotes , People Quotes
- In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
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- 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.
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- Rules cannot take the place of character.
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- These days, even out of office, I still read economic reports.
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- Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
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- It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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Tags : Alan Greenspan Quotes , Years Quotes , Creative Quotes
- The Iraq War is largely about oil.
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- Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.
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Tags : Alan Greenspan Quotes , Dark Quotes , Giving Quotes
- How do we know when irrational exuberance has unduly escalated asset values?
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- The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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Tags : Alan Greenspan Quotes , Unique Quotes , Expansion Quotes
- I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.
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Tags : Alan Greenspan Quotes , Believe Quotes , Risk Quotes
- I'm a better economist than I was a sax player.
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- Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
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- 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.
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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes
- Greenspan, who knew so much more than most, knew far less than most supposed.
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- While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.
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Tags : Alan Greenspan Quotes , Diversity Quotes , Imbalance Quotes
- Anything that we can do to raise personal savings is very much in the interest of this country.
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Tags : Alan Greenspan Quotes , Country Quotes , Philosophy Quotes
- No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
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Tags : Alan Greenspan Quotes , Long Quotes , Risk Quotes