“The economy is turning, and credit comes in with a lag, .. To the extent that a number of small firms are finding it difficult to get the credit they need at a price they can afford, that's likely to change for the better.” NeedsDifficultNumbersEconomyFindingsCreditFirmChange For The BetterLag Author:Alan Greenspan
“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.” WayLongImportantWisdomWould BePoliticsGrowthSupportEconomyIssuesEconomicBenefitsResourcesLaborEmploymentFirmLiberalismProvidingOwnershipTwinsLong WayEconomic GrowthReapPillarsImportant IssuesComplementary Author:Hubert H. Humphrey
“We love a world in which the people in the white hats get rewarded and the people in the black hats pay the price. And that I have to say doesn't happen very often, particularly in a very complex economy. We're in a time of panic where people have lost trust in what the banks are doing, what the investment firms are doing - lost trust beyond a level of reasonableness, to be honest. And, it's got to be stopped.” PeopleWorldHappensLostBlackWhiteLevelsPayEconomyHonestInvestmentComplexesBeing HonestFirmHatsPanicPay The PriceReasonablenessBlack HatsLost Trust Author:Rebecca M. Blank
“To build a twenty-first-century economy, America must revive a nineteenth-century habit--investing in the common, national economic resources that enable every person and every firm to create wealth and value.” FirstsPersonsAmericaValuesWealthCommonEconomyEconomicCenturyHabitResourcesTwentiesInvestingFirmNineteenth CenturyReviveEconomic Resources Author:William J. Clinton
“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.” RunningIndividualForceMistakeCompanyEconomySuccessfulRecordsFailingMajorsLowsAppreciateFocusedDrivingFinanceFirmLengthSuccess And FailureSystematicUnsuccessfulCounterpartsMarket Economy Author:Robert Haugen