Alan Greenspan

Alan Greenspan

Institutions of the newer participants in global finance had not been tested, until recently...recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.More Alan Greenspan quotes [03/29/2018 05:03:36]
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.More Alan Greenspan quotes [03/29/2018 05:03:36]
No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.More Alan Greenspan quotes [03/29/2018 05:03:36]
I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.More Alan Greenspan quotes [03/29/2018 05:03:36]
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 at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s:...More Alan Greenspan quotes [03/29/2018 05:03:36]

Quotes of the month

Anatoly Yurkin Contrary to optimists who believe that all digital technologies will be in demand by capital, pessimists are sure: it will cost only blockchain, Big Data, virtual reality and artificial intelligence. [09/07/2018 12:09:42] More


Anatoly Yurkin Capital is the ocean of the transaction, and our right to own transactions are stored in the granary castle of Big Data. [08/24/2018 04:08:44] More


Eugeny Antonuk Obviously, prosthesis is needed for a limb, but at first the body tries to use prostheses as living legs. "It will suit almost everyone", while the new idea always turns out to be in the minority. [09/01/2018 11:09:53] More


Anatoly Yurkin The economy of virtual values may be such a circuit of new capital, in which monetary solipsism will be the only way to meet the needs of several billion digital egoists. [09/17/2018 12:09:25] More


Eugeny Antonuk Screaming in a shout in a dispute says that he has something hurts. [09/10/2018 02:09:25] More