What Alan Greenspan Has Learned Since 2008
Harvard Business Review
JANUARY 7, 2014
For a guy frequently associated intellectually with his late friend and mentor Ayn Rand, he sure quotes John Maynard Keynes (mainly the famous phrase “animal spirits”) a lot. I mean for example we’re doing higher capital [requirements], but we’re also delving into CoCo* bonds and in principle they can fully defuse anything.
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