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
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
Contagion has become very much a phenomenon, and it's a phenomenon of globalization. Lawrence Summers contagionglobalizationphenomenon Change image and share on social
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. Lawrence Summers countrydumpeconomic Change image and share on social
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. Lawrence Summers abroadacceptbasically share on social
You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government. Lawrence Summers basiscashcompany Change image and share on social
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. Lawrence Summers americabackbad 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
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient. Lawrence Summers economicsideainconvenient Change image and share on social
I've always thought that underpopulated countries in Africa are vastly underpolluted. Lawrence Summers africacountryhave Change image and share on social