A Quote by Alan Greenspan

The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
I have observed over the years that the unanticipated consequences of social action are always more important, and usually less agreeable, than the intended consequences.
There's an urgent need to stop reacting to each immediate vexing issue in isolation. Such response often creates unanticipated second-order effects and even more problems for us.
Small Data defines this space, identifies the imbalances we all have and thus the gap these imbalances represents for your new innovation.
Principles always have natural consequences attached to them. There are positive consequences when we live in harmony with the principles. There are negative consequences when we ignore them. But because these principles apply to everyone, whether or not they are aware, this limitation is universal. And the more we know of correct principles, the greater is our personal freedom to act wisely.
Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad.
Since our economy is closely allied with that of foreign countries, not one of us can be indifferent to what consequences these disturbances can have at home and abroad
We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy.
The things we fear most in organizations - fluctuations, disturbances, imbalances - are the primary sources of creativity.
The "stiff, dead, retracted pelvis" is one of man's most frequent vegetative disturbances. It is responsible for lumbago as well as for hemorrhoidal disturbances. Elsewhere, we shall demonstrate an important connection between these disturbances and genital cancer in women, which is so common. Thus, the "deadning of the pelvis" has the same function as the deadening of the abdomen, i.e., to avoid feelings, particularly those of pleasure and anxiety.
We not only need a rapid transition to a low-carbon economy that prevents the most cataclysmic consequences of global warming, we need real dollars and real planning for coastal protection to combat the consequences that are already inevitable.
All of our current environmental problems are unanticipated harmful consequences of our existing technology. There is no basis for believing that technology will miraculously stop causing new and unanticipated problems while it is solving the problems that it previously produced.
With uncertainty in one scale, courage and self-confidence should be thrown into the other to correct the balance. The greater they are, the greater the margin that can be left for accidents.
All science is concerned with the relationship of cause and effect. Each scientific discovery increases man's ability to predict the consequences of his actions and thus his ability to control future events.
Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to whatever disturbances may buffet the economy.
Money is a response. We use it to express our social values, our gratitude, our appreciation, our pleasure, our support. Money gives us the ability to respond (response-ability), and its empowering use often defines the truly responsible among us.
Changes in size are not a consequence of changes in shape, but the reverse: changes in size often require changes in shape. To put it another way, size is a supreme regulator of all matters biological. No living entity can evolve or develop without taking size into consideration. Much more than that, size is a prime mover in evolution.
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