Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity. Alan Greenspan activitycallcontraction share on social
We're a democratic society. Shutting down the government should not be on the agenda. Alan Greenspan agendumdemocraticgovernment Change image and share on social
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?' Alan Greenspan allowanthropologistchairman share on social
There's no other job in public life that is like chairman of the Fed. Alan Greenspan chairmanfeedjob Change image and share on social
I get so engaged when I have a problem you cannot solve that I just cannot break away from what I am doing - I keep thinking and thinking and cannot stop. Alan Greenspan breakengageproblem Change image and share on social
Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove a proposition with facts and figures, it was without merit. Alan Greenspan absoluteaynfact Change image and share on social
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills. Alan Greenspan basiccommunicationeducation Change image and share on social
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion. Alan Greenspan contagiondebtfailure Change image and share on social
Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying. Alan Greenspan buildchoicefail Change image and share on social
