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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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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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Other Quotes from
Business
category

In college, Yuppies major in business administration. If to meet certain requirements they have to take a liberal arts course, they take Business Poetry. – Dave Barry

Category:
Business

Further, Take heed that you faithfully perform the business you have to do in the world, from a regard to the commands of God and not from an ambitious desire of being esteemed better than others. – David Brainerd

Category:
Business

I used to work for a management consulting company, so I dressed differently – business casual, probably a lot of things from Banana Republic. My wardrobe now is definitely more expensive, but I always dress for the occasion. – John Legend

Category:
Business

In business partnerships and marriage partnerships, oh, the cheating that goes on. – Proverb

Category:
Business

Random Quotes

In lapidary inscriptions a man is not upon oath. – Samuel Johnson

Category:
Epitaphs

The man of sensibility is too busy talking about his feelings to have time for good deeds. – Mason Cooley

Category:
Time

The art of living does not consist in preserving and clinging to a particular mode of happiness, but in allowing happiness to change its form without being disappointed by the change; happiness, like a child, must be allowed to grow up. – Charles L. Morgan

Category:
Happiness

Ive only recently realized that I have a radically different relationship with my parents than a lot of people. – Lena Dunham

Category:
relationship