“Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.”

American economist

Alan Greenspan is an American economist best known for serving as the 13th chair of the Federal Reserve from 1987 to 2006. He later worked as a private adviser and consultant through his firm, Greenspan Associates LLC. His public reputation rests on his long tenure at the Federal Reserve, where he helped shape U.S. monetary policy for nearly two decades. After leaving office, he continued to advise firms in a private capacity, bringing the same economic perspective to consulting work.