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America’s genius lay in three things that are rather more subtle than invention: making innovations more user friendly; producing companies that can … - Alan Greenspan
" "America’s genius lay in three things that are rather more subtle than invention: making innovations more user friendly; producing companies that can commercialize these innovations; and developing techniques for running these companies successfully.
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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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Additional quotes by Alan Greenspan
These immigrants were an undoubted plus for the economy.5 They were disproportionately young adults with few dependents and a drive to make it. They were all by definition adventurers who were willing to risk an ocean voyage to a new world for a chance of a better life. They provided the hands and muscles that built the machines, roads, and bridges of a rapidly industrializing nation:
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