Lawrence Summers Quotes


The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.


Citations

Summers, Lawrence H. "Remarks by Treasury Deputy Secretary Lawrence H. Summers." U.S. Department of the Treasury, 1998.

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Lawrence Summers
Lawrence Summers
  • Born: November 30, 1954
  • Nationality: American
  • Profession: Economist

Lawrence Henry Summers is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93), senior U.S. Treasury Department official throughout President Clinton's administration (ultimately Treasury Secretary, 1999–2001), and former director of the National Economic Council for President Obama (2009–2010). He is a former president of Harvard University (2001–2006), where he is currently (as of March 2017) a professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard's Kennedy School of Government.