Best quotes by Alan Greenspan on Nature
Checkout quotes by Alan Greenspan on Nature
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‟ Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.
- Alan Greenspan
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‟ I always believed in animal spirits. It's not their existence that is new. It's the fact that they are not random events, but actually replicate in-bred qualities of human nature which create those animal spirits.
- Alan Greenspan
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‟ The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
- Alan Greenspan
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‟ I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.
- Alan Greenspan
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‟ Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.
- Alan Greenspan