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

Topics: Larry Summers Quotes

The United States basically accepted protection abroad as the price of post-war recovery. Now, that...

The United States basically accepted protection abroad as the price of post-war recovery. Now, that...

We are inheriting the worst financial system since the Depression. We're inheriting a situation -...

We are inheriting the worst financial system since the Depression. We're inheriting a situation -...

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

In this age of electronic money, investors are no longer seduced by a financial 'dance...

In this age of electronic money, investors are no longer seduced by a financial 'dance...

Blaming speculators as a response to financial crisis goes back at least to the Greeks....

Blaming speculators as a response to financial crisis goes back at least to the Greeks....

It was wrong to allow Stalin to shape the European landscape of the 20th century....

It was wrong to allow Stalin to shape the European landscape of the 20th century....

Global capital markets pose the same kinds of problems that jet planes do. They are...

Global capital markets pose the same kinds of problems that jet planes do. They are...

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

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

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution...

In politics, as in poetry, it is sometimes true that it is darkest before dawn.

In politics, as in poetry, it is sometimes true that it is darkest before dawn.

It says something about this new global economy that USA Today now reports every morning...

It says something about this new global economy that USA Today now reports every morning...

Now is the time for us to strike. We must strengthen our foothold in Asia,...

Now is the time for us to strike. We must strengthen our foothold in Asia,...

The United States basically accepted protection abroad as the price of post-war recovery. Now, that...

The United States basically accepted protection abroad as the price of post-war recovery. Now, that...

Blaming speculators as a response to financial crisis goes back at least to the Greeks....

Blaming speculators as a response to financial crisis goes back at least to the Greeks....

Start with the idea that you can't repeal the laws of economics. Even if they...

Start with the idea that you can't repeal the laws of economics. Even if they...

It was wrong to allow Stalin to shape the European landscape of the 20th century....

It was wrong to allow Stalin to shape the European landscape of the 20th century....

In this age of electronic money, investors are no longer seduced by a financial 'dance...

In this age of electronic money, investors are no longer seduced by a financial 'dance...

Old age has been charged with being insensible to pleasure and to enjoyments arising from...

Old age has been charged with being insensible to pleasure and to enjoyments arising from...

Wives are young men's mistresses, companions for middle age, and old men's nurses.

Wives are young men's mistresses, companions for middle age, and old men's nurses.

Nobody grows old merely by living a number of years. We grow old by deserting...

Nobody grows old merely by living a number of years. We grow old by deserting...

Early morning cheerfulness can be extremely obnoxious.

Early morning cheerfulness can be extremely obnoxious.