If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
ALAN GREENSPANNow, I only play very occasionally, and in fact, more piano than clarinet or sax.
More Alan Greenspan Quotes
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Productivity is notoriously difficult to predict.
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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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There are no easy choices. Easy choices are long gone.
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Revolutions are something you see only in retrospect.
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Greenspan, who knew so much more than most, knew far less than most supposed.
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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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What an ideology is is a conceptual framework with the way people deal with reality.
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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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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I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
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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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Excessive optimism sows the seeds of its own reversal.
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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 only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.
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Before I met Ayn Rand, I was a logical positivist, and accordingly,
ALAN GREENSPAN