Lawrence Summers
Lawrence Summers
Lawrence Henry "Larry" Summersis an American economist who is President Emeritus and Charles W. Eliot University Professor of Harvard University...
NationalityAmerican
ProfessionPolitician
Date of Birth30 November 1954
CountryUnited States of America
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The IRS faces a multitude of restrictions -- restrictions that would be unacceptable in the private sector -- that hamper its ability to provide efficient service,
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Instead of targeting the rich Zip Codes, we're targeting the poor Zip Codes.
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Certainly there was reference to that (Friday's stock market plunge) but the focus of our discussions was on the fundamentals of our economies, what we could do together to develop and sustain economic growth, ... With respect to the stock market, our focus is not to focus on that.
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By the end of next year, we expect to establish a regular schedule for offering inflation-indexed securities with maturities of five, 10 and 30 years,
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I am worried that we will become a stratified economy, like many in Latin America where the prosperous and the advantaged stay prosperous, and the poor and disadvantaged stay poor,
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The dollar cannot and should not be a tool of trade policy.
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The Harvard Crimson did such a good job defending me when I was in trouble, I have full confidence that it can defend the institutional principles of the Ivy League.
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The inflation outlook does remain contained and unit labor costs (what it costs companies to employ their workers) continue to reflect he absence of inflation pressures,
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The IMF needs to focus on the fact that it and all of us in government are alongside what are now vast private markets, ... Our role needs to be (to) support rather than supplant those private markets and to try to create a framework in which the flow of private capital will be stable.
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The IMF needs to focus its attention to countries' vulnerability
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All this suggests a deeper engagement between India and the US. These cultural connections are sure to build more harmony between the two nations.
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The two-way flow of traffic between India and Harvard is going to be much bigger in the next 5-10 years.
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These are clearly issues of great complexity, there is no single structure, no single silver bullet that will be a solution to these problems,
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The longer-term trend is that we've got a remarkably competitive economy, ... In the Game .