“Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.” LawEconomicsSpreadEngineering Author:Lawrence Summers
“Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.” IfsIdeasLawEconomicsInconvenient Author:Lawrence Summers
“What's the single most important thing to learn from an economics course today? What I tried to leave my students with is the view that the invisible hand is more powerful than the hidden hand. Things will happen in well-organized efforts without direction, controls, plans. That's the consensus among economists. That's the Hayek legacy.” WellsImportantHandsHappensTodayCoursesViewsPowerfulEffortPlansStudentsEconomicsImportant ThingsInvisibleLegacyOrganizedEconomistConsensusHayekInvisible Hand Author:Lawrence Summers