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Lawrence Summers Quotes: Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.
         

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.


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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Where you look you follow so never look back and never look down. This quote is especially useful if you happen to be riding a horse.

Where you look you follow so never look back and never look down. This quote is especially useful if you happen to be riding a horse.



Truth is a deep kindness that teaches us to be content in our everyday life and share with the people the same happiness.

Truth is a deep kindness that teaches us to be content in our everyday life and share with the people the same happiness.



Shame is the power we give others to wield over us.

Shame is the power we give others to wield over us.



"I am bored" generally means "I am boring."

"I am bored" generally means "I am boring."



This is a tremendous assest for the club, a tremendous headache lifted from our shoulders, really.

This is a tremendous assest for the club, a tremendous headache lifted from our shoulders, really.



I know how ingratitude burns, how falsehood tortures, for I have been deceived in friendship and in love; I have learned to lose and to resign myself.

I know how ingratitude burns, how falsehood tortures, for I have been deceived in friendship and in love; I have learned to lose and to resign myself.



The path is focus. The power of focus is absolutely essential. To stop all thoughts, you have to have tremendous power of focus.

The path is focus. The power of focus is absolutely essential. To stop all thoughts, you have to have tremendous power of focus.



It is because I owe America more than she has ever owed me that I am a candidate for president to the United States.

It is because I owe America more than she has ever owed me that I am a candidate for president to the United States.



A brave and passionate man will kill or be killed. A brave and calm man will always preserve life. Of these two which is good and which is harmful?

A brave and passionate man will kill or be killed. A brave and calm man will always preserve life. Of these two which is good and which is harmful?



Normality is a paved road: It’s comfortable to walk, but no flowers grow on it.

Normality is a paved road: It’s comfortable to walk, but no flowers grow on it.




Quote Description


This page presents the quote "Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.". Author of this quote is Lawrence Summers. This quote is about engineering, economics, spread, truth, law,.