Notably Rare Exceptions

Alan Greenspan was a distinguished Chairman of the Federal Reserve until he stopped bring an empiricist and started believing the free market drivel that pases for economic theory in some parts of academia (mostly around the southern tip of Lake Michigan). Instead of doing a mea culpa regarding the tremendous misread on the financial sector (what housing crisis?) he is now engaged in a incredibly ridiculous attack on Dodd Frank because it might stifle the financial sector's ability to "capture financial rents" and thus hurt the economy. This despite the fact that it was the financial sector's grasping after those same rents that caused the crisis in the first place. Greenspan is a continuing master at double speak, where if you look deeply into what he says, it means nothing. Remember, after all, if he seems clear we must have misunderstood what he said.