Quote by Martin Feldstein
A rise in the level of saving can reduce aggregate activity tempor

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Other quotes by Martin Feldstein

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

Category:
finance
Read Quote

Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work. – Martin Feldstein

Category:
Government
Read Quote
Other Quotes from
Business
category

Americans chose a free enterprise system designed to provide a quality of opportunity, not compel a quality of results. And that is why this is only place in the world where you can open up a business in the spare bedroom of your home. – Marco Rubio

Category:
Business

The NBA is never just a business. It’s always business. It’s always personal. All good businesses are personal. The best businesses are very personal. – Mark Cuban

Category:
Business

We are involved in a life that passes understanding and our highest business is our daily life. – John Cage

Category:
Business

Like sex in Victorian England, the reality of Big Business today is our big dirty secret. – Ralph Nader

Category:
Business

Random Quotes

How simple a thing it seems to me that to know ourselves as we are, we must know our mothers names. – Alice Walker

Category:
mom

Those who say religion has nothing to do with politics do not know what religion is. – Mahatma Gandhi

Category:
Politics

I think any time you have too much education in one certain field, that can sometimes play against you. – Amber Tamblyn

Category:
Education

So I think that our foreign policy, the presidents strong and principled leadership when it comes to the war against terror and foreign policy is going to be an asset. – Ed Gillespie

Category:
Leadership