I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
ALAN GREENSPANIf 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.
More Alan Greenspan Quotes
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Since I’ve become a central banker, I’ve learned to mumble with great incoherence.
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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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And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
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Revolutions are something you see only in retrospect.
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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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The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
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The process of innovation is, of course, never ending.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
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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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Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.
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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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These days, even out of office, I still read economic reports.
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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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I’m a plain soap kind of guy.
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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.
ALAN GREENSPAN