Lawrence Summers
Lawrence Summers
Lawrence Henry "Larry" Summersis an American economist who is President Emeritus and Charles W. Eliot University Professor of Harvard University...
NationalityAmerican
ProfessionPolitician
Date of Birth30 November 1954
CountryUnited States of America
Lawrence Summers quotes about
support effort serious
We must recognise that in an integrated world, trade cannot be divorced from other concerns. We need to promote free trade and serious global efforts with respect to common problems even as we support every nation's right to chart its own course.
looks idiot
THERE ARE IDIOTS. Look around.
should-have yesterday done
Most investors want to do today what they should have done yesterday.
morning usa new-day
It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
age veils information
In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.
strong long dollars
As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.
assure bombs financial good joined logic malicious system thinking threats treasury
When I first joined the Treasury some years ago, I can assure you we were not thinking about threats to the financial system emanating from viruses, Trojan Horses, logic bombs or malicious code, ... But we are thinking about those things now, and with good reason.
adjustment balanced believe countries expansion exports global increased needs public rather reduced
We believe the global expansion needs to be balanced up, not balanced down, ... An adjustment should take place in our countries through increased public savings. Internationally, there needs to be an adjustment through an increase in exports rather than reduced imports.
account budget current deficits demand economy economy-and-economics forward global source unbalanced
U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now.
alongside economic events fifth happening india industrial last people poor potential three
What is happening in India and China... The integration of the four-fifths of the world where people are poor with the one fifth of the world where people are rich, has the potential to be one of the three most important economic events in the last millennium, alongside the Renaissance and the Industrial Revolution.
aptitude intrinsic issues proved
There are issues of intrinsic aptitude ... I would like nothing better than to be proved wrong.
critical economic expansion government moment people plan strong time
The government has done its part, now it's time that people do their part, ... We have never, in our country, had a moment of economic expansion as strong as the present. So right now it is critical to plan for future.
budgeting capital environment information irs planning projects rational technology
Today, the IRS operates in a low-trust, short-tether budgeting environment, ... This makes rational planning for capital projects such as information technology very difficult.
liquid market pleased response
We have been pleased with the market response (to the 10-year indexed notes), ... A liquid market has developed.