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
assure bombs financial good joined logic malicious system thinking threats treasury
When I first joined the Treasury some years ago, I can assure you we were not thinking about threats to the financial system emanating from viruses, Trojan Horses, logic bombs or malicious code, ... But we are thinking about those things now, and with good reason.
country dirty thinking
Just between you and me, shouldn't the World Bank be encouraging more migration of the dirty industries to the LDCs (lesser developed countries)? 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 that.... I've always thought that underpopulated countries in Africa are vastly under polluted; their air quality is vastly inefficiently low compared to Los Angeles or Mexico City.
country thinking toxic-waste
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.
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.
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.
analyze avoid best countries create might past room situation
These developments create a situation where I think there is more room than there might have been in the past to sit back and analyze what it is that happened, and think best about how in all of our countries we can avoid a recurrence of such problems,
families imperative national personal raising savings
Raising personal savings is an imperative for American families and an imperative for the national economy,
depends future people relations shape success
The success of the India-US relations depends on connections in other fields. The experiences of young people will shape the future of the India-US relations.
account budget current deficits demand economy economy-and-economics forward global source unbalanced
U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now.
build confidence create foundation indonesia prosperity strong
to take strong steps... to create confidence and to build on the very strong foundation for prosperity that Indonesia enjoys.
advantage bank granted powers president rating
The president has set a principle: No bank with an unsatisfactory CRA rating could take advantage of any of the powers granted by this deregulation,
budget certainly clear forward measure measures medicare paying president progress risk security sign social steps
The president has made it very clear that he will not sign any budget measure that doesn't put Social Security and Medicare first, that doesn't take those steps forward (and) certainly any measures that would put at risk the progress we've made in paying down the debt,
adjustment balanced believe countries expansion exports global increased needs public rather reduced
We believe the global expansion needs to be balanced up, not balanced down, ... An adjustment should take place in our countries through increased public savings. Internationally, there needs to be an adjustment through an increase in exports rather than reduced imports.