Lawrence H. Summers @LHSummers
Charles W. Eliot University Professor and President Emeritus at Harvard. Secretary of the Treasury for President Clinton and Director of NEC for President Obama larrysummers.com Cambridge, MA Joined January 2011-
Tweets8K
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In The World Is Still on Fire - @LHSummers & N.K. Singh on behalf of IEG offer a devastating review of the failure of dev finance in 2023. project-syndicate.org/commentary/imf… Chartbook Newsltter 277 reviews this remarkable prise de conscience adamtooze.substack.com/p/chartbook-27…
For the last several years, world leaders have made and broken big promises to mitigate the climate crisis and help the poorest countries. Is it any wonder that popular distrust and disillusionment are on the rise? write @LHSummers and @NKSingh_MP. bit.ly/4cQSHVb
.@LHSummers tells @crampell, “We need to be raising taxes, not just to cover for any new tax cuts, but also to hold off the huge accumulation of debt that we are suffering."
.@LHSummers offers his praise for the Budget Lab at Yale, “It's both going to inform current debates and it's going to establish procedures and practices that will ultimately come to be incorporated in the standard work of government."
.@LHSummers and @NatashaRSarin join @PostLive to offer their insights on the current state of the U.S. economy, America’s tax policies and the future of the national debt. x.com/i/broadcasts/1…
Live at 12:00 p.m. ET: Former treasury secretary @LHSummers & Yale Law School professor @NatashaRSarin share their insights about America’s tax policies, the future of the national debt & the current state of the U.S. economy. Watch here: wapo.st/useconomyapril…
Today. Live at noon. Talking with @NatashaRSarin @The_Budget_Lab and @crampell about the US economy, tax policy and our national debt. Sign up @PostLive to join us. washingtonpost.com/washington-pos…
.@LHSummers and @NKSingh_MP think policymakers convening at the @WorldBank and @IMFNews Spring Meetings need to focus on four objectives to shore up the credibility of the international system. bit.ly/4cQSHVb
Finance ministers, central bankers, and economic leaders are gathering in Washington this week for the Spring Meetings of the @WorldBank and @IMFNews, to discuss the global economy and lay out plans to strengthen it. These efforts will fail if rhetoric falls as flat as it did…
Looking forward to this discussion on Tuesday at noon with @NatashaRSarin @The_Budget_Lab and @crampell. Sign up to join us.
Looking forward to this discussion on Tuesday at noon with @NatashaRSarin @The_Budget_Lab and @crampell. Sign up to join us.
The ADL launched its first Campus Antisemitism Report Card. I am sorry but not shocked to see Harvard get a failing grade. It tracks with application rates and alumni contributions so the conclusion feels right. Harvard is, I am sure, disproportionately in view when it has a…
The ADL launched its first Campus Antisemitism Report Card. I am sorry but not shocked to see Harvard get a failing grade. It tracks with application rates and alumni contributions so the conclusion feels right. Harvard is, I am sure, disproportionately in view when it has a…
There has been an intellectual revolution around recognizing feedback effects of tax policies, and we need the same for expenditure policies. Thrilled to see @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel launch to do this important work.
There has been an intellectual revolution around recognizing feedback effects of tax policies, and we need the same for expenditure policies. Thrilled to see @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel launch to do this important work.
I think monetary restraint does influence the economy, which feeds through into the inflation process. But gosh, we ought to be doing everything we can on the supply side. Any time anybody sees a bottleneck, we ought to be going after it.
I think monetary restraint does influence the economy, which feeds through into the inflation process. But gosh, we ought to be doing everything we can on the supply side. Any time anybody sees a bottleneck, we ought to be going after it.
In an economy that's growing faster than potential, with an unemployment rate that has a three handle in the presence of massive and growing budget deficits and especially easy financial conditions, the idea that inflation would remain robust or even accelerate should not be a…
In an economy that's growing faster than potential, with an unemployment rate that has a three handle in the presence of massive and growing budget deficits and especially easy financial conditions, the idea that inflation would remain robust or even accelerate should not be a…
On current facts, a rate cut in June would be a dangerous and egregious error comparable to the errors the @federalreserve was making in the summer of 2021. We do not need rate cuts right now. bloomberg.com/news/articles/… via @economics
The idea that inflation would remain robust or even accelerate should not be a surprise to anyone. Watch my interview today with @DavidWestin @BloombergTV
The idea that inflation would remain robust or even accelerate should not be a surprise to anyone. Watch my interview today with @DavidWestin @BloombergTV
“I see no case for a cut in June but facts can change,” Former US Treasury Secretary Lawrence H. Summers says trib.al/EaLy0rr
.@LHSummers, former US Treasury Secretary and Wall Street Week contributor, says he's not surprised inflation rose again in March, but he says an interest rate cut in June by the Federal Reserve would be dangerous trib.al/K5aJP36
You have to take seriously the possibility that the next rate move will be upwards rather than downwards. bloomberg.com/news/articles/… via @economics
Today. LIVE at 11:15am ET talking CPI with @DavidWestin @BloombergTV
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If you want Health & .. @HJusticese84303
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Brad Setser @Brad_Setser
97K Followers 954 Following CFR senior fellow. Views are my own. Retweets are not endorsements. Writes on sovereign debt and capital flows.
NBER @nberpubs
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John Cochrane @JohnHCochrane
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Ben Moll @ben_moll
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96K Followers 5K Following The Peterson Institute for International Economics is a nonpartisan, independent research institution devoted to studying international economic policy.
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Ben Harris @econ_harris
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Harry Summers @summers_c_harry
869 Followers 2K Following Senior Analyst @InstituteGC | Previously @VoteNewDems | 🇺🇸 living in 🇬🇧 | I tweet a lot about US politics | all views my own
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95K Followers 463 Following White House Director of the National Economic Council
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1.6M Followers 852 Following We are the Republican Conference in the United States House of Representatives 🇺🇸
Jonathan Derbyshire @Jderbyshire
9K Followers 752 Following Executive opinion editor @FinancialTimes. Views my own. https://t.co/Rx7uG20jEa
Real Time Economics @WSJecon
966K Followers 94 Following Economic insight from The Wall Street Journal. Want more? Sign up for our daily Real Time Economics newsletter: https://t.co/HX7UM0pmuK
Washington Monthly @monthly
14K Followers 3K Following Founded in 1969, the Washington Monthly is a political magazine that illuminates the ideas and characters that animate America's government. Threads: wamonthly.
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96K Followers 696 Following The leading publication high-powered tech executives and founders read daily.
Dave Wasserman @Redistrict
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CBS News @CBSNews
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Wharton PR & News @WhartonSchoolPR
3K Followers 2K Following Insights & ideas from the @Wharton community, including 235+ professors, and host of the #WhartonBizJourn Seminars. Email [email protected].
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499K Followers 898 Following From the staff of The #SitRoom w/ @WolfBlitzer. Tune in 6 pm ET weekdays on @CNN.
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Senator Joe Manchin @Sen_JoeManchin
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Kathryn Dill @KathrynDill
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Peter Smith @OneMorePeter
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John W. Henry @John_W_Henry
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Heather Boushey @hboushey46
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Manu Raju @mkraju
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217K Followers 425 Following 💡Producer, convener, adventurer. 📰 CEO of @BostonGlobe, @boston & @statnews. ⚾️⚽️ Proud part of The Boston Red Sox & Liverpool Football Club
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CDC @CDCgov
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Università Bocconi @Unibocconi
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Jeff Bezos @JeffBezos
6.4M Followers 355 Following Amazon. Blue Origin. Washington Post. Bezos Earth Fund. Bezos Academy.I was very disappointed that the Harvard Law Student Government endorsed divesting in Israel. This following on what the Harvard Graduate Student Union did some time ago illustrates that there is a pervasive prejudice problem on the Harvard campus.
Watch my talk @streickercenter on “Antisemitism on Campus” on #Vimeo vimeo.com/887096881
Early decision and early action basically works to help the privileged and it basically prevents the less privileged from shopping their financial aid offers and getting the deals they should.
ChatGPT is a development on par with the printing press, electricity and even the wheel and fire, says former US Treasury Secretary @LHSummers. @DavidWestin has more on “Wall Street Week,” airing Fridays at 6 pm ET trib.al/CcA6BmS
In part 2 of our #UnderstandingRecessions series, Former Treasury Secretary @LHSummers discusses the likelihood we’ll enter a recession: “The odds that the economy will go into recession within the next 18-months are quite serious.”
Why Did Harvard University Go After One of Its Best Black Professors? quillette.com/2022/04/15/why…
A game for the ages. You couldn't write a more gripping script. A coaching legend in his final act. A storied rivalry has another improbable chapter. Congratulations to both teams. UNC continues it's improbable run. But Duke should feel great pride. They did Coach K proud.
I am sorry to see the @nytimes taking MMT seriously as an intellectual movement. It is the equivalent of publicizing fad diets, quack cancer cures or creationist theories. nytimes.com/2022/02/06/bus…
Absolutely. As someone who began my academic career in the late 70s, as equilibrium macro was tightening its grip, we all knew that fundamental business cycle issues were a minefield nobody with a reality sense would enter 1/
PS there is a weird tension (often tinged with disrespect) between academic macro and Fed macro. I saw it right away when I got to the Board. I didn't quite understand it, but that didn't take long. I am vocal about it now. academic macro has done immense damage in the world.
“This new global minimum tax is a triumph of Detroit over Davos. Countries have come together to make sure that the global economy can create widely shared prosperity, rather than lower tax burdens for those at the top.” – @LHSummers
Prove them wrong #G20Italy @g20org #MarioDraghi by grasping policy moment to respond to the greatest threat to human security today- #pandemic- and move decisively towards better governance and financing of global commons pandemic-financing.org @Tharman_S @NOIweala @LHSummers
The upcoming Rome G20 Leaders Summit. My latest commentary. omfif.org/2021/10/g20-is…
. @LHSummers and @jasonfurman on #COVID19 and the #economy youtube.com/watch?v=XVQj-m…
Sure the virtual world is nice but a physical copy of one's own book is...well...quite pleasing. I'm just going to sit and hold it for a while.
Larry makes an important point: it's important not to attribute the coming downturn to just "policy" when thinking costs and benefits of actions. Rational people wd be curbing a lot of consumption in restaurants etc now anyway. The net "costs" of govt mandates difficult to judge.
A large part of the dislocation is caused by the coronavirus and not by the policy response caused by the coronavirus. I don’t think we need to turn this into a dollars-versus-lives thing at this stage.
Writing legislation is really, really hard. This is happening at warp speed right now. Pass the bill in front of us and then move onto the next one--no one will regret having done too much at this stage.
Call it secular stagnation, Japanification, a monetary black hole or a quacking duck. Janet Yellen and Mario Draghi both recognize the danger to the global economy. bloomberg.com/news/articles/… via @Market
@LHSummers ..yet summers conspired with #Obama to allow banks to continue preying on their own customers.. not sure why we would listen to a word this fraud has to say
Failures of global cooperation contributed to the Depression and the 2008 Lesser Depression. Cooperation was key to recovery. The world is at a high level of financial risk and @POTUS' strategy is discord.
Two addenda: 1. If you are a Harvard student, staffer or faculty member, or if you're in the econ field, we'd love to hear your thoughts on this decision. Is the punishment enough? Not enough? Do you believe Harvard has taken steps to ensure this doesn't happen again?
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