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










Biography

Author Profession: Economist
Nationality: American
Born: November 30, 1954

Links

Amazon: Larry Summers on Amazon
Cite this Page: Citation

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Milton Friedman
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More American Economist Quotes
Select Larry Summers Quotations

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.
Larry Summers

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

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

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

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

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

All Larry Summers Quotations


  Words

Almost, Always, Back, Blaming, Crisis, Financial, Goes, Greeks, Least, Response, Speculators, Wrong
Definitions

Almost, Always, Back, Blaming, Crisis, Financial, Least, Response, Wrong


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