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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

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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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. – Martin Feldstein

Category:
finance
Author
Martin Feldstein
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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
Author
Martin Feldstein
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Business
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I believe people who go into politics want to do the right thing. And then they hit a big wall of re-election and the pettiness of politics. In the end, politics gets in the way of the business of people. – Kevin Costner

Category:
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Except for politics, no business is scrutinized more exhaustively than journalism. – Russell Baker

Category:
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My whole familys been in the business. My whole family is crazy. – Blake Lively

Category:
Business

Unlike a lot of actors, my father encouraged all his kids to go into show business. – Jeff Bridges

Category:
Business

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