5
Planning, Markets and Public Transport
Chairman WAXMAN | Dr Greenspan, I am going to interrupt you. The question I had for you is you had an ideology. You had a belief that … ‘Free competitive markets are by far the unrivalled way to organize economies.’ [Do] you feel that your ideology pushed you to make decisions that you wish you had not made? |
Mr GREENSPAN | Well, remember… To exist, you need an ideology. The question is whether it is accurate or not. What I am saying to you is, yes, I found a flaw. I don’t know how significant or permanent it is, but I have been very distressed by that fact. But if I may, may I just finish an answer to the question – |
Chairman WAXMAN | You found a flaw? |
Mr GREENSPAN | I found a flaw in the model that ... |
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