Alan Greenspan Quotes, Principles Quotes, Republican Quotes

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

5 years ago

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Tags : Alan Greenspan Quotes , Principles Quotes , Republican Quotes

People dont realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but thats as far as we go. And Ive had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

5 years ago

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Tags : Alan Greenspan Quotes , Mistake Quotes , Successful Quotes

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.

5 years ago

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Tags : Alan Greenspan Quotes , Years Quotes , Creative Quotes

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.

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Tags : Alan Greenspan Quotes , Country Quotes , People Quotes

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

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Tags : Alan Greenspan Quotes , Misunderstood Quotes , Investing Quotes

Rules cannot take the place of character.

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Tags : Alan Greenspan Quotes

If I've made myself clear, I've misspoken.

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Tags : Alan Greenspan Quotes , Made Quotes , Clear Quotes

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

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Tags : Alan Greenspan Quotes , Real Quotes , Needs Quotes

Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.

5 years ago

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Tags : Alan Greenspan Quotes , Keys Quotes , Incomplete Knowledge Quotes

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

5 years ago

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Tags : Alan Greenspan Quotes , Integrity Quotes , Arbitrary Quotes

History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.

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Tags : Alan Greenspan Quotes , Optimism Quotes , Imbalance Quotes

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

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Tags : Alan Greenspan Quotes , Art Quotes , Skills 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

Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit.

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Tags : Alan Greenspan Quotes , Believe Quotes , Facts 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.

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Tags : Alan Greenspan Quotes , Average Quotes , Musician Quotes

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

5 years ago

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Tags : Alan Greenspan Quotes , Happiness Quotes , Careers Quotes

I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.

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Tags : Alan Greenspan Quotes , Life Quotes , Success Quotes

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.

5 years ago

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Tags : Alan Greenspan Quotes , Talking Quotes , Today Quotes

We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.

5 years ago

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Tags : Alan Greenspan Quotes , Government Quotes , Self Quotes

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.

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Tags : Alan Greenspan Quotes , Trust Quotes , Business Quotes