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Lawrence Summers Quotes
Lawrence Summers Quotes
Lawrence Summers
American
Economist
Born:
Nov 30
,
1954
Always
Asia
History
Situation
Time
You
Related authors:
Alan Greenspan
Herbert A. Simon
John Kenneth Galbraith
Milton Friedman
Paul A. Volcker
Richard Thaler
Robert Reich
Thomas Sowell
In the history of the world, no one has ever washed a rented car.
Lawrence Summers
History
World
Car
No-One
The History Of
Washed
Ever
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
You
People
Think
Promise
Kinds
Various
Crucial
Retail
Economy
Involved
Lot
Role
Who
Activities
Right
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.
Lawrence Summers
History
Important
Revolution
Dramatic
Ranks
Economic
Developments
Economies
Alongside
Most
Industrial
Renaissance
Industrial Revolution
The Most Important
Modernization
Asian
Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
Lawrence Summers
Time
Nation
Our
Strike
Ensure
Must
Asia
Us
Now
Strengthen
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.
Lawrence Summers
You
Better
Problems
Faster
Jet
Markets
Kinds
More
Global
Comfortable
Get
Same
Going
Where
Crashes
Capital
Planes
Much
Spectacular
Pose
I've always thought that underpopulated countries in Africa are vastly underpolluted.
Lawrence Summers
Thought
Vastly
Countries
Always
Africa
Contagion has become very much a phenomenon, and it's a phenomenon of globalization.
Lawrence Summers
Become
Contagion
Globalization
Very
Much
Phenomenon
There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs.
Lawrence Summers
Those
Jobs
Would
Would-Be
Textile
Did
Children
Asia
Working
Who
Businesses
Streets
You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.
Lawrence Summers
Government
You
Situation
Cash
Only
Relying
Permanent
Proceed
Which
Companies
Basis
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
Depression
People
Financial
Situation
Back
Those
Worst
Crises
System
Financial System
Developed
Study
Since
Major
Quarter
Quarter Century
Go
America
Going
Banking
Century
Now
Many children are taught to believe in God. I came to believe in the power of systems analysis.
Lawrence Summers
God
Power
Believe
Analysis
Systems
Came
Taught
Children
Many
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