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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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If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more important that the public understand that difference, and choose their news sources accordingly. – Thomas Sowell

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I think we have to notice that the business processes we use right now for thinking and planning and budgeting and strategy are all delivered on very tight agendas. – Margaret J. Wheatley

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The final test of a leader is that he leaves behind him in other men the conviction and the will to carry on. – Walter Lippmann

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Our marketing strategy is driven by the customer experience, not by “growth hawking.” We believe companies should be about fewer games, fewer hoops, and more value. We feel like open content speaks to that. – Gregory Ciotti, “Why We’re Opting Out of Opt-in Resources” (Help Scout, ww

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When Ive gone back to work, its always with that sense of inevitability. That may be a complete delusion, but its the one that I need to get out of bed and go about my business. That sense that I cant avoid this thing. I better just get on with it. – Daniel Day-Lewis

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