Top 23 Quotes by Lawrence Summers

You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.

Many children are taught to believe in God. I came to believe in the power of systems analysis.

I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.

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

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

The availability of private insurance provides tremendous insulation for millions of individuals.

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.

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.

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.

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.