The only antidote to dangerous ideas is strong alternatives vigorously advocated.
Lawrence SummersRead
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.
Interpretation
This quote suggests that global events are now heavily influenced by the actions of the United States.
Lawrence Summers highlights the interconnectedness of the global economy and politics, implying that just as the U.S. once set the trends and directions for the world, the reverse is now equally true. In today's world, international events and crises can significantly influence the U.S., indicating a shift in the power dynamics that shows how dependent nations have become on one another.
In practice
This quote can be used in discussions about the impact of U.S. foreign policy on global economics.
The only antidote to dangerous ideas is strong alternatives vigorously advocated.
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.
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.
Most investors want to do today what they should have done yesterday.
We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
The idea that we should be open to all ideas is very different from the supposition that all ideas are equally valid.
I think an overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man, that he's African American.
Better the occasional faults of a government that lives in a spirit of charity than the consistent omissions of a government frozen in the ice of its own indifference.
Politics has become so expensive that it takes a lot of money even to be defeated.
If we live in a perpetual state of outrage, Trump wins. Because when we become depleted and exhausted and sapped of our energy, we're not as resourceful, creative, or effective.
The new rule in American politics is that no one can make it to the White House without the Hispanic vote.
Mark my word, if and when these preachers get control of the [Republican] party, and they're sure trying to do so, it's going to be a terrible damn problem. Frankly, these people frighten me. Politics and governing demand compromise. But these Christians believe they are acting in the name of God, so they can't and won't compromise. I know, I've tried to deal with them.
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