It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.
ALAN GREENSPANI guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.
More Alan Greenspan Quotes
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.
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The number of mistakes I have made are just awesome. There is no number large enough to account for that.
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History cannot be reduced to a set of statistics and probabilities.
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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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To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education – literacy, both verbal and numerical, and communication skills.
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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.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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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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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.
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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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Significantly opening up immigration to skilled workers solves two problems.
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There’s an interesting question here because if the gold price broke in that context, the thermometer would not be just a measuring tool. It would basically affect the underlying psychology.
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I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
ALAN GREENSPAN