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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

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
Author
Martin Feldstein
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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
Author
Martin Feldstein
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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
Author
Martin Feldstein
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Other Quotes from
Business
category

To succeed in business it is necessary to make others see things as you see them. – Aristotle Onassis

Category:
Business

I rate enthusiasm even above professional skill. – Edward Appleton

Category:
Business

Disneyland is a work of love. We didnt go into Disneyland just with the idea of making money. – Walt Disney

Category:
Business

The business of the poet is not to find new emotions, but to use the ordinary ones and, in working them up into poetry, to express feelings which are not in actual emotions at all. – T. S. Eliot

Category:
Business

Random Quotes

To see a world in a grain of sand,
And a heaven in a wild flower,
Hold infinity in the palm of your hand,
And eternity in an hour. – William Blake

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Why do you hasten to remove anything which hurts your eye, while if something affects your soul you postpone the cure until next year? – Horace

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For womens tears are but the sweat of eyes. – Juvenal

Category:
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I was 35 years old and in a position to take a shot at whatever I wanted to try. The Air Force said I was too old to fly fighter jets. I thought about becoming a fishing boat captain, before deciding that acting seemed pretty cool. – Jerry Doyle

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cool