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

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. – Martin Feldstein

Category:
finance
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And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets. – Martin Feldstein

Category:
Science
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Other Quotes from
Business
category

Treat employees like partners, and they act like partners. – Fred A. Allen

Category:
Business

The Internet creates as well as destroys. Social networks, search advertising, and cloud computing are multibillion dollar industries that didnt exist 10 years ago. They are products of the same force that has rendered the Postal Services core business obsolete. – John Sununu

Category:
Business

Hackers are breaking the systems for profit. Before, it was about intellectual curiosity and pursuit of knowledge and thrill, and now hacking is big business. – Kevin Mitnick

Category:
Business

My goal in the beginning was to buy my mother a house. Now I realize, okay, if I really focus and become a key player in business, then I can build an empire. – Nicki Minaj

Category:
Business

Random Quotes

The care of the Earth is our most ancient and most worthy, and after all our most pleasing responsibility. To cherish what remains of it and to foster its renewal is our only hope. – Wendell Berry

Category:
Hope

You must realize that honorary degrees are given generally to people whose SAT scores were too low to get them into schools the regular way. As a matter of fact, it was my SAT scores that led me into my present vocation in life, comedy. – Neil Simon

Category:
Graduation

Our wisdom comes from our experience, and our experience comes from our foolishness. – Sacha Guitry

Category:
Experience

My happiness doesnt come from money or fame. My happiness comes from seeing life without struggle. – Nicki Minaj

Category:
Happiness