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. 
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History | American | Capital | Market | Innovation |
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The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
- Lawrence Summers
If we can do those things, we have a chance to keep this expansion going. But this is not the time to take what (Federal Reserve) Chairman (Alan) Greenspan, what six Nobel prize-winning economists have said would be a very risky course with a massive tax cut. We're not going to let it happen, ... Face The Nation.
- Lawrence Summers