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
behavior both element enters factors freely hoarding influence market medium oil question respect run seen short time trading
We've seen some indications that there may be some hoarding behavior, but there are many, many factors that influence oil prices, both with respect to the short run and over the medium term, ... But there's no question that -- as in any freely trading market -- there's a psychological element that enters in from time to time.
attack irs order promote
What we must not do is attack the IRS in order to promote other agendas,
I've always thought that underpopulated countries in Africa are vastly underpolluted.
ensure strengthen time
Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
ahead basis billion borrowing clearly costs debt federal government management ongoing percentage point produce rapidly reduction savings task trillion ultimately
The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
expand further hoping
Ultimately, we're hoping to expand this further (beyond Boston).