The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.

Quote by Larry Summers

Topics: America And Americans Quotes, War Quotes

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 -...

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...

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...

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...

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 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....

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...

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...

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.

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 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...

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...

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....

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...