46 Alan Greenspan Quotes for You to Enjoy

Alan Greenspan

American Economist

Born: Mar 6, 1926

Nature People Society Which Will You

Related authors: Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Peter Navarro Richard Thaler Robert Reich Thomas Sowell

I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University. Alan Greenspan

Music Good Business Band Music Business Enrolled Rise Only Could Soon New Limit How How Far Amateur Left York New York Far Average Realized Professional University

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

Logical Met Before Believe Otherwise Rand Moral Facts Absolutes Proposition Merit Without Prove Accordingly Figures

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading. So I made an economic decision, and it turned out the best judgment I ever made in my life. Alan Greenspan

Life Best Good Business Decision Made My Life Big Judgment Band Saw Musician Out One Thing Economic Fading Fairly Big Band Amateur The One Thing Average Turned Professional Ever Thing

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

Future Matter Will Our Futures No Choice Never Fail Never Stop Soon Because Forecasting Built How Trying Manage Often Stop Choice

I wasn't able to do much reading when I was chairman of the Reserve Board. The workload was too large, and the luxury of reading was not available to me. So I caught up a good deal when I left office. Alan Greenspan

Good Me Luxury Reading Too Able Deal Caught Left Up Office Board Available Much Large Good Deal Chairman Reserve

I always believed in animal spirits. It's not their existence that is new. It's the fact that they are not random events, but actually replicate in-bred qualities of human nature which create those animal spirits. Alan Greenspan

Nature Animal Events Random Human Nature Those Spirits Fact New Qualities Always Existence Replicate Human Which Create Believed Actually

It is very difficult to predict when a bond crisis could happen. Alan Greenspan

Predict Difficult Crisis Could Very Happen Bond

Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence. Alan Greenspan

Nature Democracy Capitalism Matter Inevitable Human Nature Every Assume Adhere Given Structures Economy Democratic Exists Human Which Elements Level Consequence

The problem is you cannot have free global trade with highly restrictive, regulated domestic markets. Alan Greenspan

You Problem Free Markets Restrictive Highly Global Trade Domestic Cannot

I'm a free-market economist from years and years back, and I've never veered from that. Alan Greenspan

Back Never Economist Years Years And Years

I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are. Alan Greenspan

Me You Sense Think Tell No Sense Arithmetic Remotely Makes Issue Ceiling Debt Debt Ceiling Whatsoever Anybody Where Who Whole Need

It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony. Alan Greenspan

Exhausted Down Markets Prolongs Perceived Only Prevent Merely Trying Going Just Them Turn Themselves Agony Downside

There's no other job in public life that is like chairman of the Fed. Alan Greenspan

Life Job Other Fed Like Public Public Life Chairman

The central focus of what we are doing at the Fed is to keep inflation from accelerating - and preferably decelerating. Alan Greenspan

Inflation Focus Fed Accelerate Doing Central Keep

Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer. Alan Greenspan

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