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
climate discourse government impressed notions prevailing took ultimately
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.
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.
attacks damaging darker face majority organized terrorists tools vast
As damaging as these attacks have been, the vast majority were conducted by disgruntled individuals, ... We face a future, though, where criminals, terrorists or even nation-states may use the same tools in a more organized way for darker purposes.
banking-crisis america people
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
liquid market pleased response
We have been pleased with the market response (to the 10-year indexed notes), ... A liquid market has developed.
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).
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.