Alan Greenspan Quotes About Ignorance

Quotes about: Ignorance

• Greenspan, who knew so much more than most, knew far less than most supposed.

  Alan Greenspan

  Ignorance, Economics

• Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so...

  Alan Greenspan

  Ignorance, Reality, Expectations

• Senator, we are groping for understanding, the knowledge you assume I possess doesn't exist' - 'The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills' - 'Senator, if I seem clear to you, you must have misunderstood me' - 'Unfortunately, Senator, nobody knows where the next innovative idea is coming from. Political decisions are never random and will always lose out to innovative alternatives

  Alan Greenspan

  Lying, Moving, Ignorance

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