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

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,...

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 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 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....

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...

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....

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...

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...

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 -...

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....

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.

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...

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....

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...

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...