Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response. Lawrence Summers backblamecrisis Change image and share on social
In politics, as in poetry, it is sometimes true that it is darkest before dawn. Lawrence Summers darkdawnpoetry Change image and share on social
Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us. Lawrence Summers asiaensurefoothold Change image and share on social
The availability of private insurance provides tremendous insulation for millions of individuals. Lawrence Summers availabilityindividualinsulation Change image and share on social
There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs. Lawrence Summers asiabusinesschild Change image and share on social
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. Lawrence Summers activitycrucialeconomy Change image and share on social
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. Lawrence Summers capitalcomfortablecrash Change image and share on social
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. Lawrence Summers acceptaccountancyamerican Change image and share on social
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. Lawrence Summers 20th21stcentury Change image and share on social
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. Lawrence Summers climateconstraindiscourse share on social
