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Lawrence H. Summers

Lawrence H. Summers

12 commentaries
1 videos & podcasts

Lawrence H. Summers, US Secretary of the Treasury (1999-2001) and Director of the US National Economic Council (2009-2010), is a former president of Harvard University, where he is currently University Professor.

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  1. Debt Relief Is the Most Effective Pandemic Aid
    brown64_NICHOLAS KAMMAFP via Getty Images_georgievamalpassworldbankIMF Nicholas Kamm/AFP via Getty Images

    Debt Relief Is the Most Effective Pandemic Aid

    Apr 15, 2020 Gordon Brown & Lawrence H. Summers call for a two-year moratorium on payments for every emerging and developing economy that needs help.

  2. Can a Political-Economy Vicious Circle Be Avoided?
    summers10 Getty Images

    Can a Political-Economy Vicious Circle Be Avoided?

    Dec 26, 2019 Lawrence H. Summers sees the US presidential election in November as the year's most important decision worldwide.

  3. Whither Central Banking?
    summers9_erhui1979)_getty images)_wall erhui1979/Getty Images

    Whither Central Banking?

    Aug 23, 2019 Lawrence H. Summers & Anna Stansbury say that monetary policymakers should finally admit their impotence in the face of secular stagnation.

  4. When Hindsight Is Not 20/20
    obama cabinet Mark Wilson/Getty Images

    When Hindsight Is Not 20/20

    Sep 24, 2018 Lawrence H. Summers responds to Rob Johnson and George Soros's recent critique of post-2008 US economic policy.

  5. Final Thoughts on Secular Stagnation
    Man with need work sign Joe Raedle/Getty Images

    Final Thoughts on Secular Stagnation

    Sep 6, 2018 Lawrence H. Summers concludes his exchange with Joseph Stiglitz on the causes and consequences of the Great Recession.

  1. mueller40_Jim Lo Scalzo-PoolGetty Images_bolsonaro trump Jim Lo Scalzo-Pool/Getty Images

    Why Populists Don’t Concede

    Jan-Werner Mueller

    With election denial becoming a new global trend, it is necessary to ask why so many citizens would accept leaders who fraudulently cry “fraud.” Even when they leave power quietly, populist politicians have exploited political polarization and indoctrinated their supporters never to trust the system.

    explains the political logic of fraudulently crying “fraud” in response to an electoral loss.
  2. ito19_ RICHARD A. BROOKSAFP via Getty Images_boj yen depreciation RICHARD A. BROOKS/AFP via Getty Images

    The Challenge of Monetary Tightening

    Takatoshi Ito identifies the main risks raised by central banks’ efforts to rein in inflation.
  3. wagner12_ ArterraUniversal Images Group via Getty Images_melting polar ice Arterra/Universal Images Group via Getty Images

    The High Stakes of Climate-Risk Accounting

    Gernot Wagner & Tom Brookes show why economists can no longer ignore the need for a far more comprehensive set of welfare indicators.
  4. elerian151_ Scott OlsonGetty Images_inflation Scott Olson/Getty Images

    The Cost of the Fed’s Challenged Credibility

    Mohamed A. El-Erian interprets the latest market tumult as the price of delaying monetary-policy tightening for too long.
  5. roach143_Drew AngererGetty Images_jerome powell Drew Angerer/Getty Images

    Core Dangers for the Fed and China

    Stephen S. Roach

    Just as a fixation on core inflation can mislead central banks, as it has done with the US Federal Reserve, the power of a “core leader” like China’s Xi Jinping is a recipe for misdirected and ultimately unsustainable policy regimes. The very notion of a core adds a false sense of precision when addressing complex problems.

    thinks the US central bank and Chinese governance share a conceptual weakness leading to major policy blunders.
  6. haldar13_Jens Büttnerpicture alliance via Getty Images Jens Büttner/picture alliance via Getty Images

    Amazon’s Satanic Mills

    Antara Haldar sees recent unionization efforts as a welcome response to an unethical and inhumane business model.
  7. asadullah12_SAEED KHANAFP via Getty Images_malaysia migration SAEED KHAN/AFP via Getty Images

    Asia’s Captive Market for Migrant Labor

    M. Niaz Asadullah highlights how an entrenched alliance of politicians, bureaucrats, and business elites is exploiting workers.
  8. sheng129_ROSLAN RAHMANAFP via Getty Images_asean cooperation ROSLAN RAHMAN/AFP via Getty Images

    In Search of a Development Plan for Asia

    Andrew Sheng & Xiao Geng argue that bottom-up institutions – not top-down strategies – are the key to regional integration.
  9. emmott_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images

    Giorgia Meloni’s Moment

    Bill Emmott sees little difference between the Brothers of Italy’s program and that of recent right-wing governments.

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