30 Quotes by Alan Blinder

Never treat only one productivity number that seriously, ... What you have to remember is that productivity has always been very cyclical. When the economy sags, productivity sags.

One of the reasons for all the happy faces in retail this holiday shopping season is that gas prices are going down, down, down. Employment and income are doing well.

He was confident in his judgment, and he was right. The lesson is that sometimes you can't wait for the data to be definitive.

There is a kind of a cascading chain. If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on.

His performance as chairman of the Fed has been impressive, encompassing and overwhelmingly beneficial -- to the nation, to the institution and to the practice of monetary policy,

His performance as chairman of the Fed has been impressive, encompassing, and overwhelmingly beneficial - to the nation, to the institution, and to the practice of monetary policy,

I think they're right on the curve but in danger of being behind the curve.

While Alan Greenspan may have enjoyed more than his share of good luck during his storied tenure as Fed chairman, he was also confronted with a wide variety of challenges that required subtlety, a deft touch and good judgment.

We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Reserve, or just in Alan Greenspan.