Alan Greenspan Quotes


Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking


Citations

Greenspan, Alan. The Age of Turbulence: Adventures in a New World. Penguin Press, 2007.

Related Quotes

Although his primary occupation was as a political columnist, he was also a physician and psychiatrist. The desire and ambition for so much power is not typical of most people and the willingness to pay the personal cost to try and attain that position tends to take all Presidential candidates out of the Normal range of American citizens.


This is an important quotation because it was believed by most of the Founding Fathers and the American public until relatively recently. Presidential candidates would not think of publicly campaigning. The view was that anyone who was ambitious for power and authority should not be trusted with it. The idea was first stated by Plato and has been a major view of Western politics since. Many still believe it, but no one has come up with a practical alternative in a large jurisdiction where there is no way to know about the possible candidates without their initiative. Earlier American presidential candidates, although they did not campaign as we know it, got associates to do their campaigning for them. At Presidential nominating conventions, candidates would not even attend. Abraham Lincoln for example never attended the convention at which he got nominated, but he had associates lining up delagates and he was managing their efforts behind the scenes.


Alan Greenspan
Alan Greenspan
  • Born: March 6, 1926
  • Nationality: American
  • Profession: Economist

Alan Greenspan is an American economist who served five terms as the 13th Chair of the Federal Reserve of the United States from 1987 to 2006. He works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position (behind William McChesney Martin).