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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.

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Capacity Drive Enable Household Improvement Information Lead Out Practice Reach Technology Tender

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

I’m not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
ALAN GREENSPAN

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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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These days, even out of office, I still read economic reports.
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If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
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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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While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.
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The process of innovation is, of course, never ending.
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If I say something which you understand fully in this regard, I probably made a mistake.
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Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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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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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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I’m a better economist than I was a sax player.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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