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Alan Greenspan
American
March 6, 1926
Economist
Fear invariably and universally induces disengagement, and disengagement is negative division of labor.
Alan Greenspan
Tags:
Fear
Negative
Labor
Any informed borrower is simply less vulnerable to fraud and abuse.
Alan Greenspan
Tags:
Any
Less
Simply
We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.
Alan Greenspan
Tags:
Trust
Make
Need
History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
Alan Greenspan
Tags:
History
Risk
Low
Diplomacy is really far less important than the stock movements within Russia.
Alan Greenspan
Tags:
Really
Than
Important
The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult.
Alan Greenspan
Tags:
Them
Same
Difficult
The person I liked the best was Gerald R. Ford. He was the most decent man in politics I ever had any relationships with.
Alan Greenspan
Tags:
Best
Politics
Had
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
Tags:
Nature
Failure
Finance
When you go back and look at American history, it's not terribly different from Canadian history. If you weren't self-reliant on the prairie, you wouldn't survive.
Alan Greenspan
Tags:
History
You
Go
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable.
Alan Greenspan
Tags:
Freedom
Which
Sense
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
Tags:
You
Just
Get
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
Tags:
Future
Because
Our
The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
Alan Greenspan
Tags:
You
Your
Even
Fear is a far more dominant force in human behaviour than euphoria - I would never have expected that or given it a moment's thought before, but it shows up in the data in so many ways.
Alan Greenspan
Tags:
Fear
More
Up
One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing.
Alan Greenspan
Tags:
Business
Morning
You
I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform.
Alan Greenspan
Tags:
Government
Things
Which
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
Tags:
You
Me
Like