Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
Lawrence SummersMany children are taught to believe in God. I came to believe in the power of systems analysis.
Lawrence SummersStart with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
Lawrence SummersThe idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.
Lawrence Summers