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.
Lawrence SummersBlaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
Lawrence SummersIt was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century
Lawrence Summers