Rules cannot take the place of character.
ALAN GREENSPANIf I’ve made myself clear, I’ve misspoken.
More Alan Greenspan Quotes
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The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
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The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
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Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
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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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If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I’m only half joking
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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Gold still represents the ultimate form of payment in the world.
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Revolutions are something you see only in retrospect.
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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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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.
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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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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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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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Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
ALAN GREENSPAN






