“The stock market crash in October 1929 didn't destroy a particularly l...” — Christina Romer Quote

“The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information.”

“Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.”

“Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing it.”

“The Internet's a driving force in the change from mass media to 'my media,' in which consumers will be their own programmers.”

“If I can accomplish anything in the next however-many years, it is this: To help a generation realize, or to think of themselves, not just as consumers but also creators.”

“Delivering a service that consumers feel truly connected to and providing an experience that people love and love to organically share and talk about is the most effective form of marketing I know.”