Alan Greenspan

United States
Born on 6 Mar 1926
Economist

Private capital markets are the fundamental building block of the capitalist system of resource allocation across activities and over time. Such markets can function properly only if investors bear the costs of their bad decisions and bad luck and reap the benefits of their good decisions and good luck.

Speech to the Financial Crisis Conference, New York. 'Global Challenges' (2000)

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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
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Human, All Too Human
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Essays