589 Quotes by Alan Greenspan



  • Author Alan Greenspan
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    The influence of capital gains on economic behavior ... is likely to be of substantial consequence for the prospective performance of the economy,

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  • Author Alan Greenspan
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    The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.

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  • Author Alan Greenspan
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    Although we cannot know with certainty until the books are closed, the growth of productivity since 1995 appears to be among the largest in decades,

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  • Author Alan Greenspan
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    We at the Federal Reserve, recognizing the powerful forces of productivity growth and global restraint on inflation, have not perceived to date the need to tighten policy,

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  • Author Alan Greenspan
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    I would clearly prefer that if you can't run the surpluses, you have to get rid of the surpluses, I would far prefer reducing taxes than increasing spending. I don't think it's a close call,

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  • Author Alan Greenspan
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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 the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.

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  • Author Alan Greenspan
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    The impressive performance of the U.S. economy over the past couple of decades, despite shocks that in the past would have produced marked economic contractions, offers the clearest evidence of the benefits of increased market flexibility,

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