Lawrence Summers Quotes About Today
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Most investors want to do today what they should have done yesterday.
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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.
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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. Our prosperity is linked inextricably to the maintenance of a strong world economy, an open international trading system, and stable global financial markets.
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What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.
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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.
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Lawrence Summers
- Born: November 30, 1954
- Occupation: Former Undersecretary for International Affairs
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