I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
ALAN GREENSPANI didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
More Alan Greenspan Quotes
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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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Revolutions are something you see only in retrospect.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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They seem to sense… that gold and economic freedom are inseparable.
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If I seem unduly clear to you, you must have misunderstood what I said.
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The Iraq War is largely about oil.
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If we are to remain preeminent in transforming knowledge into economic value, America’s system of higher education must remain the world’s leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.
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It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.
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History demonstrates that participants in financial markets are susceptible to waves of optimism.
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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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Regulators have not been able to achieve the level of future clarity required to act pre-emptively.
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The free lunch has still to be invented.
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In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending.
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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’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






