Michael Spence quote

A global economy that is levering up, while unable to generate enough aggregate demand to achieve potential growth, is on a risky path.
Michael Spence
Michael Spence
Michael Spence
Born: Nov 7, 1943

Topics

Path, Achieve, Enough, Unable, Potential, Risky, Generate, Demand, Economy, Global, Global Economy, Up, While, Aggregate, Growth

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Related Authors

Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell
The Next Convergence: The Future of Economic Growth in a Multispeed World
The Next Convergence: The Future of Economic Growth in a Multispeed World
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I've learned that fear limits you and your vision. It serves as blinders to what may be just a few steps down the road for you. The journey is valuable, but believing in your talents, your abilities, and your self-worth can empower you to walk down an even brighter path. Transforming fear into freedom - how great is that? Soledad O'Brien
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If the path be beautiful, let us not ask where it leads. Anatole France
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If you're walking down the right path and you're willing to keep walking, eventually you'll make progress. Barack Obama
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History teaches us that unity is strength, and cautions us to submerge and overcome our differences in the quest for common goals, to strive, with all our combined strength, for the path to true African brotherhood and unity. Haile Selassie
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The path from dreams to success does exist. May you have the vision to find it, the courage to get on to it, and the perseverance to follow it. Kalpana Chawla
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