Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.
Alan GreenspanI love to play tennis and golf, listen to music, watch baseball and root for the Redskins.
Alan GreenspanI love facts and figures. It's like following a detective story, piecing together what's going on in the economy.
Alan Greenspan[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
Alan Greenspan