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.
“I had a great many sex and love cases where people were absolutely devastated when somebody with whom they were compulsively in love didn't love them back. They were killing themselves with anxiety and depression.”
“I am about as pro-Google a person as you're going to find in the media. I've had friends at all levels of the company since its founding, and still do now.”