The Bureau of Labor Statistics estimated that bar code scan… - Alan Greenspan

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The Bureau of Labor Statistics estimated that bar code scanners at checkout counters increased the speed that cashiers could ring up payments by 30 percent and reduced labor requirements of cashiers and baggers by 10 to 15 percent.

Alan Greenspan

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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.

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

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Modern dynamic economies do not stay still long enough to allow for an accurate reading of their underlying structures.

Since becoming a central banker, I have learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.

(thirty-one of the first forty U.S. Post Office pilots were killed in the first six years).

The Bureau of Labor Statistics estimated that bar code scanners at checkout counters increased the speed that cashiers could ring up payments by 30 p… - Alan Greenspan

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