The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
Alan GreenspanThe more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
Alan GreenspanA decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
Alan GreenspanCash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
Alan Greenspan