Corruption Quote by Alan Greenspan

“In general, corruption tends to exist whenever governments have favors to extend, or something to sell.” quote by Alan Greenspan — Download Open image

“In general, corruption tends to exist whenever governments have favors to extend, or something to sell.”

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More 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

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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,…

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

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

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

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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…

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Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage…

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

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

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

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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…

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

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We could form a government of national unity fighting corruption. The ordinary Afghan is sick and tired of it, because it's she or he…

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Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing…

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In the lead up to the Iraq war and its later conduct, I saw at a minimum, true dereliction, negligence and irresponsibility, at worse,…

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“Don't let cycles of violent crimes, uncontrollable, rising cases of bloody impunity, evil puppets in a crippled judiciary, marionettes in a corrupted legislative system manipulated by a fascist executive system and its annihilative corruption be the incurable epidemics of the disintegration of the environmental, emotional, social, intellectual, physical, professional, occupational, moral and ethical destruction of your homeland. ~ Angelica Hopes,…

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What greater weakness can there be than not to know what is the source of one's being, of one's life, of one's senses, of one's knowledge, and what is to be their end? What can be more deeply disheartening than to wonder whether one's soul is, perhaps, a material thing, like a stone or a reptile, corruptible like these base…

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My aim was to make money for the bank. You lose track of the amounts involved when you are engaged in this kind of…

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Democracy must be built through open societies that share information. When there is information, there is enlightenment. When there is debate, there are solutions.…

Atifete Jahjaga