The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
Alan GreenspanThe 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.
Alan GreenspanI am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
Alan GreenspanThe use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning the greater resilience of our largest financial institutions... Derivatives have permitted the unbundling of financial risks.
Alan Greenspan