In politics, as in poetry, it is sometimes true that it is darkest before dawn.
quote by Larry Summers
Added by Lucian Velea
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Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
quote by Larry Summers
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It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
quote by Larry Summers
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Now is the time for us to strike. We must strengthen our foothold in Asia, to ensure no nation overtakes us.
quote by Larry 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.
quote by Larry Summers
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It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.
quote by Larry Summers
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Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
quote by Larry Summers
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It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century.
quote by Larry Summers
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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.
quote by Larry Summers
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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.
quote by Larry Summers
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