Words matter. These are the best Lawrence Summers Quotes, and they’re great for sharing with your friends.
Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
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 going better. But the crashes are much more spectacular.
But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place.
In politics, as in poetry, it is sometimes true that it is darkest before dawn.
Start with the idea that you can’t repeal the laws of economics. Even if they are inconvenient.
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.
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
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 the landscape of the 21st century.
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 quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
I promise you that there are a lot of people involved in various kinds of retail activities who think they have a crucial role in the economy, and they’re right.
I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.
It says something about this new global economy that USA Today now reports every morning on the day’s events in Asian markets.
In the history of the world, no one has ever washed a rented car.
Contagion has become very much a phenomenon, and it’s a phenomenon of globalization.
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It’s almost always the wrong response.
