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.
Representative democracy is a remarkably blunt instrument. Hundreds of issues are bundled together at every election, yet the vote tends to swing on just one or two of them.
Every power vested in a government is in its nature sovereign, and includes by force of the term a right to employ all the means requisite . . . to the attainment of the ends of such power.
Our national political campaigns never stop. We seem convinced that majorities exist to impose their will with few concessions and that minorities exist to prevent the party in power from doing anything important. That's not how we were meant to govern.
The right to vote is the easiest of all rights to grant.
Up against the corporate government, voters find themselves asked to choose between look-alike candidates from two parties vying to see who takes the marching orders from their campaign paymasters and their future employers. The money of vested interest nullifies genuine voter choice and trust.
It's true that it's within the realm of cultural politics that young people tend to work through political issues, which I think is good, although it's not going to solve the problems
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