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Tag Archives: Larry Summers
Fed Vice Chair, Stanley Fischer, Exit Stage Left
This one is going to hurt. Stanley Fischer is one of, if not, our favorite economist. As Larry Summers points out in his recent piece in the Washington Post, The Fed and the international monetary system will be weaker for … Continue reading
Posted in Monetary Policy, Uncategorized
Tagged Federal Reserve Board, Larry Summers, Stanley Fischer
11 Comments
Larry Summers on inequality and Piketty – FT
There is an attempt to make capitalism more inclusive. But who is it excluding? John Authers asks former US treasury secretary Larry Summers if he agrees with Thomas Piketty’s thesis that inequality is increasing, and asks how capitalism can be … Continue reading
Posted in Uncategorized
Tagged FT, Inequality, John Authers, Larry Summers, Thomas Piketty
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Weekend Lecture: Larry Summers on Charlie Rose
Larry Summers of Harvard University on the economy. Click here for interview (click here if picture is no observable)
Our Pick for World Bank President: Arminio Fraga
Bloomberg’s Tom Keene reported this morning that Bill Gates is on the short list to replace Robert Zoellick as President of the World Bank. As former Bank employees we’re O.K. with that and kind of surprised Hillary isn’t on the … Continue reading
Posted in Economics, Policy
Tagged Armenio Fraga, Bill Gates, Larry Summers, World Bank President
2 Comments
Quote of the Day: Lightning Speed Economics
In today’s FT column Larry Summers quotes our late friend Rudiger Dornbusch, In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
Quote of the Day: Euro Debt Crisis
“Europe is testing the limits of reactive incremental strategy … The laws of economics, like the laws of physics, do not respect political constraints.” – Larry Summers at the World Economic Forum
Posted in Black Swan Watch, Quote of the Day, Sovereign Debt, Sovereign Risk
Tagged European Debt Crisis, Larry Summers
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Larry Summers on structual change in U.S. labor market
In one of his first interviews since leaving the White House, Larry Summers talks about the structural changes taking place in the U.S. labor market on today’s GPS with Fareed Zakaria. He mentions the IT take-off and the new jobs … Continue reading
Posted in Apple, Employment, Equities, Video
Tagged Fareed Zakaria, GPS, IT, Jobs, Larry Summers
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“I’ve already considered that idea and rejected it.”
We found Ezra Klein’s take on Steven Rattner’s, Overhaul, quite amusing, [Larry] Summers is also one of the book’s more amusing characters. His intellectual and managerial style are distinct enough that the index has six entries under “Larry Summers; style.” … Continue reading