18 Total Quotes

Larry Summers Quotes

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
Larry Summers
#American Economist #Economy

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
Larry Summers
#American Economist

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.
Larry Summers
#American Economist

I know the coaches that went (to Norfolk State) have good work ethic and they don't accept anything but perfection. They've had two weeks to prepare for this game, so we're looking for anything they can throw at us, trick plays and all.
Larry Summers
#Perfection

In politics, as in poetry, it is sometimes true that it is darkest before dawn.
Larry Summers
#American Economist

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.
Larry Summers
#American Economist #Revolution

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.
Larry Summers
#Problems #American Economist

The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.
Larry Summers
#American Economist

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.
Larry Summers
#Age And Aging

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
Larry Summers
#American Economist #Economy

Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
Larry Summers
#American Economist

It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
Larry Summers
#American Economist

Hopefully we can talk the school board into taking that money and putting it into technology.
Larry Summers
#Money

In a whole set of ways, by diluting the commissioner's accountability, by diluting the administration's accountability, it could actually prove to be very counterproductive,
Larry Summers
#Accountability