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
thinking people promise
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.
children believe analysis
Many children are taught to believe in God. I came to believe in the power of systems analysis.
girl world may
Investment in girls' education may well be the highest-return investment available in the developing world.
inspiring risk economic
Deflation and secular stagnation are the risks of our time.
morning usa new-day
It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
powerful views hands
What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the [un]hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.
law engineering economics
Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.
mean thinking interesting
When I look out the window at my backyard, I can't think of anything interesting to ask. I mean, it's green, it's growing-but nothing occurs to me that any concentrated effort of thought could possibly enlighten. Whereas in economic, statistical, or mathematical kinds of things, I can think lots of questions.
thinking things-in-life thumbs
A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.
strong opposites maintenance
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today. Our prosperity is linked inextricably to the maintenance of a strong world economy, an open international trading system, and stable global financial markets.
jet-planes kind problem
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.
car liberty libertarian
In the history of the world, no one has ever washed a rented car.
why-not pollution good-things
All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?
europe growth performance require stronger structural
In Europe, the stronger growth and reductions in unemployment are now arriving, ... But for better performance to endure, Europe will require substantial structural reforms.