If you look at the history of ...

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.
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.
 Lawrence Summers

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Many sports, not just football, have kind of the macho meathead mentality where innovation is almost frowned upon.
 Lawrence Jackson
This is ideological colonization. They colonize people with ideas that try to change mentalities or structures, but this is not new. This was done by the dictatorships of the last century.
The only way to make sense out of change is to plunge into it, move with it, and join the dance.
Never doubt that a small group of thoughtful, committed people can change the world. Indeed. It is the only thing that ever has.
To exist is to change, to change is to mature, to mature is to go on creating oneself endlessly.
 Henri Bergson

Quotes from the same author

It was wrong to allow Stalin to shape the European landscape of the 20th century. It would be even more wrong to let him shape the landscape of the 21st century
 Lawrence Summers
Where countries have been able to carry through on their reform commitments - as in Korea, Thailand and the Philippines - results are starting to come in the form of lower interest rates, new investment and increased growth.
 Lawrence Summers
One of those disturbing tendencies in academic life is that there is a desire on the part of many in the name of open-mindedness to fall into a kind of relativistic denialism in which all positions are equally legitimate, all positions must be respected, and compromise must be entered into no matter what the starting point or reasonableness of the two parties.
 Lawrence Summers
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.
 Lawrence Summers
In this age of electronic money, investors are no longer seduced by a financial 'dance of a thousand veils.' Only hard and accurate information on reserves, current accounts, and monetary and fiscal conditions will keep capital from fleeing precipitously at the first sign of trouble.
 Lawrence Summers