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Lawrence Summers Quotes: If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.
         

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.


Lawrence Summers
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Other quotes of Lawrence Summers


It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.

It certainly was difficult to sell NAFTA because it's always difficult to sell open markets.



Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.



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.

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.



Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.



In the history of the world, no one has ever washed a rented car.

In the history of the world, no one has ever washed a rented car.



All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?



A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.

A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.



The availability of private insurance provides tremendous insulation for millions of individuals

The availability of private insurance provides tremendous insulation for millions of individuals



Most investors want to do today what they should have done yesterday.

Most investors want to do today what they should have done yesterday.



The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.

The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.





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Lesson from Pataki's success is: Use the political moment.

Lesson from Pataki's success is: Use the political moment.



Cynic' is the sentimentalist's name for the realist.

Cynic' is the sentimentalist's name for the realist.



I still have issues around forgetting that it's my life and if I want to do something, I can do it.

I still have issues around forgetting that it's my life and if I want to do something, I can do it.



The trick in life is to find out where you belong. Once you find out where you belong, you will be happy there.

The trick in life is to find out where you belong. Once you find out where you belong, you will be happy there.



[The captain] looked at Florentino Ariza, his invincible power, his intrepid love and was overwhelmed by the belated suspicion that it is life, more than death, that has no limits.

[The captain] looked at Florentino Ariza, his invincible power, his intrepid love and was overwhelmed by the belated suspicion that it is life, more than death, that has no limits.



Your business and results are a reflection of you. Your business and results will grow in direct proportion to your own growth.

Your business and results are a reflection of you. Your business and results will grow in direct proportion to your own growth.



God is conscience. He is even the atheism of the atheist.

God is conscience. He is even the atheism of the atheist.



If 125 crore people work together; India will move forward 125 crore steps.

If 125 crore people work together; India will move forward 125 crore steps.



We saw The Man From La Mancha, and I remember there was a scene where the woman's skirt fell off, and I got embarrassed and excited at the same time.

We saw The Man From La Mancha, and I remember there was a scene where the woman's skirt fell off, and I got embarrassed and excited at the same time.



Such is the blindness, nay the insanity of mankind, that some men are driven to death by the fear of it.

Such is the blindness, nay the insanity of mankind, that some men are driven to death by the fear of it.




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This page presents the quote "If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.". Author of this quote is Lawrence Summers. This quote is about important, accepted, innovation, ideas, principles, history,.