Now, I only play very occasionally, and in fact, more piano than clarinet or sax.
ALAN GREENSPANIt signals problems with respect to currency markets. Central banks should pay attention to it.
More Alan Greenspan Quotes
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Productivity is notoriously difficult to predict.
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Political decisions are never random and will always lose out to innovative alternatives.
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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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I have one other issue I’d like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here.
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History cannot be reduced to a set of statistics and probabilities.
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This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets.
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What an ideology is is a conceptual framework with the way people deal with reality.
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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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This is the reason that history has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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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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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher asset prices.
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I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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I’m a plain soap kind of guy.
ALAN GREENSPAN