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.
ALAN GREENSPANSo there is no reason to suspect that the actual process of boosting rates would be any different.
More Alan Greenspan Quotes
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Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.
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They seem to sense… that gold and economic freedom are inseparable.
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I’m a better economist than I was a sax player.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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I don’t think it’s possible for the Fed to end its easy-money policies in a trouble-free manner.
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But rules cannot substitute for character.
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Senator, if I seem clear to you, you must have misunderstood me’.
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Before I met Ayn Rand, I was a logical positivist, and accordingly,
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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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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.
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Whatever you tax you get less of.
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If prices go down, we will have problems – problems in the sense of spillover to other areas.
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American and British authorities were also concerned about violence in an area that harbors a resource indispensable for the functioning of the word economy.
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American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage.
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
ALAN GREENSPAN






