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Quote by Alan Greenspan

“Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.”

Quote by Alan Greenspan

Book:Capitalism: The Unknown Ideal
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Work

Capitalism: The Unknown Ideal

This book delves into the philosophical underpinnings of capitalism, discussing its moral and ethical aspects, and presenting arguments in favor of the system. more

Author

Alan Greenspan
Alan Greenspan

Alan Greenspan, born on March 6, 1926, is an accomplished economist from the United States. He has made significant contributions to the field of economics and has had a profound impact on the global financial system as the Chairman of the Federal Reserve System. more

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