More from Alan Greenspan
Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.
Alan GreenspanAlan Greenspan Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds.
Alan GreenspanAlan Greenspan The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
Alan GreenspanAlan Greenspan Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.
Alan GreenspanAlan Greenspan Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
Alan GreenspanAlan Greenspan Senator, if I seem clear to you, you must have misunderstood me’.
Alan GreenspanAlan Greenspan We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.
Alan GreenspanAlan Greenspan The Iraq War is largely about oil.
Alan GreenspanAlan Greenspan While these tendencies were no doubt in train in the “old,” pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.
Alan GreenspanAlan Greenspan What an ideology is is a conceptual framework with the way people deal with reality.
Alan GreenspanAlan Greenspan 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.
Alan GreenspanAlan Greenspan It signals problems with respect to currency markets. Central banks should pay attention to it.
Alan GreenspanAlan Greenspan 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 GreenspanAlan Greenspan If 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.
Alan GreenspanAlan Greenspan Enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
Alan GreenspanAlan Greenspan How do we know when irrational exuberance has unduly escalated asset values?
Alan GreenspanAlan Greenspan
Original quotes
From our community writers
It is beneath pale blue skies, amongst sycamore trees, and afoot dirtied leaves, my heart, and soul finds peace.
Olivia CliffordOlivia Clifford A wounded heart never stops bleeding.
Ashley PrzywolskiAshley Przywolski I swear the stars align at night just to see you smile.
C.R. ElliottC.R. Elliott I get so lost in your midnight eyes I forget we’re running out of time.
Ana DeeAna Dee The worst thing is not to share our pain with each other when you can.
Ayaka HaseAyaka Hase Love was created for so many reasons and you will always be one of them.
Karla GaleanaKarla Galeana Tired of being tired burnt out from putting our fires.
Jamil ElhageJamil Elhage In the darkness there are no shadows to fear.
Sarah J. MarvinSarah J. Marvin
Meet the writers
More on plain
You run risks. That’s the plain truth. You run risks and, even in the most unlikely places, you are subject to destiny’s whims.
Roberto BolanoRoberto Bolano Would I describe a preacher, I would express him simple, grave, sincere; In doctrine uncorrupt; in language plain, And plain in manner; decent, solemn, chaste,
William CowperWilliam Cowper Every time we hit an air pocket and the plane dropped about five hundred feet (leaving my stomach in my mouth)
Erica JongErica Jong Art doesn’t transform. It just plain forms.
Roy LichtensteinRoy Lichtenstein Works of imagination should be written in very plain language; the more purely imaginative they are the more necessary it is to be plain.
Samuel Taylor ColeridgeSamuel Taylor Coleridge They must be resolved on the highest plane of national interest if our course is to prove sound and our future protected. I trust, therefore, that you will do me the justice of receiving that which I have to say as solely expressing the considered viewpoint of a fellow American.
Douglas MacArthurDouglas MacArthur I tell everyone very plainly that I take bribes, but what kind of bribes? Why, greyhound puppies. That’s a totally different matter.
Nikolai GogolNikolai Gogol Now the answer … is plain, but it is so unpalatable that most men will not face it. There is no reason for life and life has no meaning.
W. Somerset MaughamW. Somerset Maugham
