Lawrence Summers Quotes
- The only antidote to dangerous ideas is strong alternatives vigorously advocated.
- All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?
- I have always thought that underpopulated countries in Africa are vastly underpolluted.
- Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
- Contagion has become very much a phenomenon, and it's a phenomenon of globalization.
- If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.
- Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are…
- It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.
- In politics, as in poetry, it is sometimes true that it is darkest before dawn.
- It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
- The idea that we should be open to all ideas, is very different from the supposition that all ideas are equally valid.
- We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a…
- The availability of private insurance provides tremendous insulation for millions of individuals
- It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape…
- There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs
- What's the single most important thing to learn from an economics course today? Â What I tried to leave my students with is the view…
- Most investors want to do today what they should have done yesterday.
- It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
- Deflation and secular stagnation are the risks of our time.
- A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen…