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

Topics: Larry Summers Quotes

It used to be said that when the U.S. sneezed, the world caught a cold....

It used to be said that when the U.S. sneezed, the world caught a cold....

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...

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,...

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....

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 -...

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...

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...

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 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...

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....

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...

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...

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...

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...