Lawrence Summers Quotes

American - Economist | November 30, 1954 -

I've always thought that underpopulated countries in Africa are vastly underpolluted.

Lawrence Summers

ThoughtAfricaAlwaysCountries

It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.

Lawrence Summers

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The availability of private insurance provides tremendous insulation for millions of individuals.

Lawrence Summers

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It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

Lawrence Summers

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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

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If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.

Lawrence Summers

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But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place.

Lawrence Summers

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You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.

Lawrence Summers

GovernmentYouSituationPermanent

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

DepressionPeopleFinancialAmerica

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.

Lawrence Summers

PeopleThinkYouRightEconomyRole

Many children are taught to believe in God. I came to believe in the power of systems analysis.

Lawrence Summers

GodPowerChildrenBelieveAnalysis

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