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I'm A Better Economist Than I Was A Sax Player.
-Alan Greenspan
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I'm A Better Economist Than I Was
Alan Greenspan
I'm A Better Economist Than I Was A Sax Player.
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Economist
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Skilled Shortages In America Exist Because We Are Shielding Our Skilled Labor Force From World Competition. [visa Quotas] Have Been Substituted For The Wage Pricing Mechanism. In The Process We Have Created [a] Privileged Elite Whose Incomes Are Being Supported At Non-competitively High Levels By Immigration Quotas On Skilled Professionals. Eliminating Such Restrictions Would Reduce At Least Some Of The Income Inequality.
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If I Say Something Which You Understand Fully In This Regard, I Probably Made A Mistake.
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I Was A Fairly Good Amateur Musician, And I Was An Average Professional. But The One Thing I Saw Was That The Big Band Business Was Fading.
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Nor Can Private Counterparties Restrict Supplies Of Gold, Another Commodity Whose Derivatives Are Often Traded Over-the-counter, Where Central Banks Stand Ready To Lease Gold In Increasing Quantities Should The Price Rise.
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Before I Met Ayn Rand, I Was A Logical Positivist, And Accordingly, I Didn't Believe In Absolutes, Moral Or Otherwise. If I Couldn't Prove A Proposition With Facts And Figures, It Was Without Merit.
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