Larry Summers has been all over the news lately with his calls for an economic stimulus, delivered most recently in Congressional testimony on Wednesday afternoon—and it's having a restorative effect on his reputation.
"When Summers Speaks, Congress Listens," is the headline on a 1/16 Forbes piece on Summers.
His turbulent tenure as president of Harvard University well behind him, former Treasury Secretary Lawrence Summers is still considered an important voice in setting the nation's economic course.
..."Fiscal stimulus is the single biggest issue on the economic policy agenda of the president, Republicans and Democrats, and it was put on the agenda by Summers," said Jason Furman, director of the Hamilton Project at the Brookings Institution, a Washington-based public policy organization.
Sloppy journalism alert: That last sentence should read, "...director of the Hamilton Project at the Brookings Institution, a Washington-based public policy organization that was co-founded by Larry Summers and Bob Rubin."
The article quotes various members of Congress about how seriously they take Summers, and concludes,
Following his resignation, Summers took a yearlong sabbatical, and is now an economics professor at the Harvard's John F. Kennedy School of Government.
Which reminds me—now that he's a University professor and all, does anyone have any idea what Summers is doing to earn that $400,000 a year salary?
Have
Shots in the Dark
delivered to your favorite newsreader. Click the orange link above to subscribe or use this link.
02138 is not automatically mailed to all Harvard alumni.
Enter your email and name below to reserve your FREE Trial Issue!
Your privacy is ensured. We never sell, disclose, or trade contact information.
02138 is an independent magazine and is not affiliated with Harvard University. Please note that 02138 is available to the general public by subscription only, but is not automatically mailed to all Harvard alumni.
by