The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
ALAN GREENSPANStripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.
More Alan Greenspan Quotes
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The number one problem in today’s generation and economy is the lack of financial literacy.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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Unfortunately, Senator, nobody knows where the next innovative idea is coming from.
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Political decisions are never random and will always lose out to innovative alternatives.
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Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
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But rules cannot substitute for character.
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The Iraq War is largely about oil.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.
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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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Gold stands in the way of this insidious process. It stands as a protector of property rights.
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
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The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
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They seem to sense… that gold and economic freedom are inseparable.
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There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
ALAN GREENSPAN






