In general, corruption tends to exist whenever governments have favors to extend, or something to sell.
ALAN GREENSPANImprovements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
More Alan Greenspan Quotes
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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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And the percentage changes in wage rates would be the same for all job grades.
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No one has ever eliminated any of that stuff.
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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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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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Stripped 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.
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But rules cannot substitute for character.
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The increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.
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Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
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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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Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
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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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Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset.
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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.
ALAN GREENSPAN






