A Quote by Alan Greenspan

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.

Alan Greenspan

Quote Topics

Benefits Creative Creative Destruction Deregulation Destruction Enormous Example First For Example Ford Freight Hard Hardly How Important Most Rail Rates Set Stage Took True Unfold Wave Years

Quote Author

Alan Greenspan
American - Economist
Born: March 6, 1926

I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

Richard Posner

Deregulation is a popular term that's used across the political spectrum. And it's one of these terms like "choice," that corporate interests have used because they know their focus-group buzzword testing makes it sound like a popular word. Because, who can be against deregulation? Being free, having liberty, not having someone tell you what to do, being deregulated, hey, that sounds great. But deregulation is a non sequitur in the realm of media policy or media regulation. The issue is never regulation versus deregulation; our entire system is built on media policies and subsidies.

Robert Waterman McChesney

What's true for New York is true for most of the country: We are a long way removed from the double-digit interest rates and unemployment rates, and the soaring crime rates, of the early 1980s.

Max Boot

I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

Bill O'Reilly

Freight mobility and movement, while not a sexy policy issue, is a highly important one. Capacity constraints and congestion on our nation's freight rail system create many problems.

Bill Lipinski

I like Ronald Reagan, who didn't play crass politics, and he just articulated and delivered on broad themes that were needed. Free markets meant free markets. Deregulation. Lower tax rates. Strong national defense. And he was credible and believable.

Dave Brat

People express is clearly the archetypical deregulation success story and the most spectacular of my babies. It is the case that makes me the proudest.

Alfred Kahn

Deregulation created this epidemic of greed which according to the rules of capitalism was OK. Beyond that there was criminal behaviour. There have been no repercussions and it's hard to make your peace with.

Brad Pitt

More than 20 years on, sustained competition, informed customers and the rapid growth of new technology provide the necessary environment for substantial deregulation.

Stephen Carter

Capital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.

Joseph Stiglitz

Beyond highways and roads, we need more money for mass transit, intercity passenger rail and freight rail. We have a long way to go to bridge the funding gaps.

Bill Lipinski

You'll have lower prices under deregulation than you will through regulation.

Kenneth Lay

Energy deregulation will be the largest transfer of wealth in history.

Warren Buffett

For the states that take the lead on reform - asset recycling, deregulation, service innovation - the Federal Government could step back, and allow greater flexibility in how we deliver our responsibilities.

Gladys Berejiklian

The culture of self-gratification and deregulation that began during the Clinton years and continued under President George W. Bush led to the bursting of one stock market bubble at the turn of the century and a full-scale financial crash less than a decade later.