Lawrence Summers
Charles W. Eliot University Professor
Member of the Board, Belfer Center for Science and International Affairs
Contact:
Website: http://ksghome.harvard.edu/~lsummer/
Publications: http://ksghome.harvard.edu/~lsummer/publications.htm
(AP Photo/David Zalubowski)
June 13, 2011
"How to avoid a lost decade"
Op-Ed, Washington Post
By Lawrence Summers, Charles W. Eliot University Professor
Even with the massive 2008-09 policy effort that prevented financial collapse and depression,writes Summers, the United States is now halfway to a lost economic decade.
AP Photo
June 23, 2010
"Our Agenda for the G-20"
Op-Ed, Wall Street Journal
By Lawrence Summers, Charles W. Eliot University Professor and Timothy Geithner
The G-20 summit in Toronto, Canada provides an important opportunity to focus on the policies required to reinforce growth," write Lawrence Summers and Timothy Geithner. " Engagement with the G-20 has been a key component of the administration's strategy to defuse the global financial crisis and ensure economic recovery."
AP Photo
June 15, 2009
"A New Financial Foundation"
Op-Ed, Washington Post
By Lawrence Summers, Charles W. Eliot University Professor and Timothy Geithner
In developing its proposals, the administration has focused on five key problems in our existing regulatory regime -- problems that, we believe, played a direct role in producing or magnifying the current crisis.
AP Photo
December 28, 2008
"Obama's Down Payment"
Op-Ed, Washington Post
By Lawrence Summers, Charles W. Eliot University Professor
"Investments in an array of areas -- including energy, education, infrastructure and health care -- offer the potential of extraordinarily high social returns while allowing our country to address some long-standing national challenges and put our economy on a solid footing for years to come."
AP Photo
October 26, 2008
"The pendulum swings towards regulation"
Op-Ed, Financial Times
By Lawrence Summers, Charles W. Eliot University Professor
"We need to reform tax incentives that encourage financial risk taking, regulate leverage and prevent government policies that give rise to a toxic combination of privatised gains and socialised losses. This offers the prospect of a prosperity that is more firmly grounded and more inclusive."
September 29, 2008
"A Bailout is Just a Start"
Op-Ed, Washington Post
By Lawrence Summers, Charles W. Eliot University Professor
"It is impossible to predict the ultimate cost to the Treasury of the bailout and the other commitments that financial authorities have made -- this will depend primarily on the economy as well as the quality of execution and oversight. But it is very unlikely to approach $700 billion and will be spread over a number of years."
Justin Ide
September 9, 2008
Lawrence H. Summers Testifies on the Economy and the Case for Fiscal Stimulus
Testimony
By Lawrence Summers, Charles W. Eliot University Professor
Lawrence H. Summers testified that the American economy remains in a highly uncertain state with very significant risks to the downside.
AP Photo
August 24, 2008
The Global Consensus on Trade is Unraveling
Op-Ed, Financial Times
By Lawrence Summers, Charles W. Eliot University Professor
Lawrence Summers, Charles W. Eliot professor at Harvard Kennedy School and member of the board of the Belfer Center, says U.S. international economic policy is receiving less attention than it should this presidential election year. The success of the next administration, he says, “could depend on its ability to engage with a wider range of global economic stakeholders, on a broader agenda, at a time when disagreements are increasing not just about means but also about ultimate ends.” The next administration "faces the prospect of having to make the most consequential international economic policy choices in a generation at a time when the confidence of governments in free markets is being increasingly questioned," Summers says.
AP Photo
August 7, 2008
"How to Build a U.S. Recovery"
Op-Ed, Financial Times
By Lawrence Summers, Charles W. Eliot University Professor
Lawrence Summers comments on the ways in which current financial policy is developed and offers ways in which policy making should be altered. Instead of creating financial policies in a reactive and erratic manner, he states, policy makers need to be more proactive in the actions they take to protect our economy.
AP Photo
July 27, 2008
"The way forward for Fannie and Freddie"
Op-Ed, Financial Times
By Lawrence Summers, Charles W. Eliot University Professor
Lawrence Summers explains the Treasury's rescue plan for Fannie Mae and Freddie Mac and how it will impact the housing crisis.
