Alan Greenspan Ways Quotations

new innovations have begun to alter the manner in which we do business and create value, often in ways not readily foreseeable even five years ago.

a distinguished appointment. Ben comes with superb academic credentials and important insights into the ways our economy functions.

Our judgment is that the level of consumption growth...will slow down, and the dramatic expansion in capital investment will slow down, ... Something will eventually change the pattern, but there are a number of different ways that can happen.

Until we experience an economic slowdown, we will not know for sure how much of the extraordinary rise in output per hour in the past five years is attributable to the irreversible way value is created and how much reflects endeavors on the part of the business community to stretch existing capital and labor resources in ways that are not sustainable over the long run,

The economic and financial world is changing in ways that we still do not fully comprehend, ... Policymakers accordingly cannot always count on an ability to anticipate potentially adverse developments sufficiently in advance to effectively address them.

often in ways that were not readily foreseeable a year ago.