Phrase by 'Alan Greenspan'

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People don't realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that's as far as we go. And I've had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that.

Author: Alan Greenspan - American Economist
  People , Future , Realize , Mistakes


I've always considered myself more of a mathematician than a psychologist.

Author: Alan Greenspan - American Economist
  More , Myself , Always , Than


Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

Author: Alan Greenspan - American Economist
  Will , Lose , Little , Create


There is a huge number of people outside our borders who would love to come here. In fact, many of them come here, get well educated, and then are required to leave... This is a factor in income inequality.

Author: Alan Greenspan - American Economist
  Love , People , Leave , Inequality


Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer.

Author: Alan Greenspan - American Economist
  You , World , Own , Against


Fear is a far more dominant force in human behaviour than euphoria - I would never have expected that or given it a moment's thought before, but it shows up in the data in so many ways.

Author: Alan Greenspan - American Economist
  Moment , Never , Thought , Fear


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