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Quote by Alan Greenspan

“Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.”

Quote by Alan Greenspan

Author

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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