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Lawrence Summers Quotes: Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
         

Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.


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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You can't measure the mutual affection of two human beings by the number of words they exchange.

You can't measure the mutual affection of two human beings by the number of words they exchange.



Have firm ideas of a particular life changes you wish to put into action.

Have firm ideas of a particular life changes you wish to put into action.



En las ligeras todas las cosas son visible, pero en la oscuridad, muchas cosas son imaginable.Translated: In the light all things are visible, but in the dark many things are imaginable.

En las ligeras todas las cosas son visible, pero en la oscuridad, muchas cosas son imaginable.Translated: In the light all things are visible, but in the dark many things are imaginable.



[But] I fear that in the individual lives of all but a few, the balance is in debit - we do so little that is positive good, even if we negatively avoid what is actively evil.

[But] I fear that in the individual lives of all but a few, the balance is in debit - we do so little that is positive good, even if we negatively avoid what is actively evil.



I wash the clothes, rinse them and then scrub them again. Will that square little box do that? I am not using any fancy machines when my hands will do.

I wash the clothes, rinse them and then scrub them again. Will that square little box do that? I am not using any fancy machines when my hands will do.



I mind my own business. And I don't eat junk food.

I mind my own business. And I don't eat junk food.



Investors believe in the best possible outcome.

Investors believe in the best possible outcome.



Life isn't about the number of times you're knocked down, it's about the number of times you get back up.

Life isn't about the number of times you're knocked down, it's about the number of times you get back up.



American nuclear weapons would almost certainly start being removed from Britain within 12 months of a Labour government gaining power.

American nuclear weapons would almost certainly start being removed from Britain within 12 months of a Labour government gaining power.



The music and everything we're doing on the stage and on television backs itself up. If that's what gets people's curiosity going or brings their attention to us, that's fine.

The music and everything we're doing on the stage and on television backs itself up. If that's what gets people's curiosity going or brings their attention to us, that's fine.




Quote Description


This page presents the quote "Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.". Author of this quote is Lawrence Summers. This quote is about law, economics, ideas, inconvenient,.