Government Quotes by Alan Greenspan

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

— Alan Greenspan

At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock,…

— Alan Greenspan

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal…

— Alan Greenspan

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.

— Alan Greenspan

I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It…

— Alan Greenspan

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…

— 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…

— Alan Greenspan

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority…

— Alan Greenspan

Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the…

— Alan Greenspan

At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in…

— Alan 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…

— Alan Greenspan

The guiding purpose of the government regulator is to prevent rather than to create something.

— Alan Greenspan

“government regulation cannot substitute for individual integrity.”

— Alan Greenspan

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do…

— Alan Greenspan

It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged…

— Alan Greenspan