Alan Greenspan’s flaw, illusions, and mumbling (opens in new tab)

Alan Greenspan, Fed Chair from 1987 to 2006: glimpses into a fateful tenure and a defining era. “Regulation – which is based on force and fear – undermines the moral base of business dealings... Protection of the consumer by regulation is thus illusory.” — Alan Greenspan, “The Assault on Integrity,” in Ayn Rand et al., […]