In general, corruption tends to exist whenever governments … - Alan Greenspan

" "
In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

Alan Greenspan

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About Alan Greenspan

Alan Greenspan (born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.

Biography information from Wikiquote

All quotes from Alan Greenspan Similar Quotes by other Originators

Originators like Alan Greenspan:

John Kenneth Galbraith John Maynard Keynes Peter Schiff Ronald Reagan Friedrich Hayek

Additional quotes by Alan Greenspan

While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.

It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s:...

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

In general, corruption tends to exist whenever governments have favors to extend, or something to sell. - Alan Greenspan

About Alan Greenspan

Additional quotes by Alan Greenspan