There’s a ruling class where the rules do not apply.
Larry Summers
Posted inTAP
Former Economist Larry Summers
The American Economic Association banned him for life. Given how wrong Summers has been in every major area of policy advice, why did his public disgrace require the Epstein files rather than a reckoning with his serial failures as an economist?
Posted inMoney, Politics, and Power
Companies Are Trying to Hide Their Ties to Larry Summers
Some fintech and energy startups haven’t announced that Summers is leaving; they just took him off their websites.
Posted inVideos
The Prospect Weekly Roundup: The Shutdown Cave and the Next Health Care Fight
David Dayen and Prospect co-founder Bob Kuttner look at the politics and policy of the end of the government shutdown.
Posted inTAP
Collateral Damage From the Epstein Files: Larry Summers
It’s long past time to jettison Summers as hopelessly contaminated. But there are far more serious reasons to dump Summers than his gross connections with Jeffrey Epstein.
Posted inPolitics
Epstein Confidant Larry Summers Guiding CAP’s ‘Project 2029’
Summers was overseeing the economic policy plank of the Center for American Progress’s effort. Emails released this week show him in regular contact with Jeffrey Epstein.
Posted inEconomic Policy
Why Were Inflation Hawks Wrong?
Economists like Larry Summers predicted that bringing inflation down would require a large increase in unemployment. It didn’t.
Posted inEconomic Policy
Time for a Victory Lap?
Those who believed inflation would be transitory were proven right, and those who demanded the sacrifice of mass unemployment proven wrong.
Posted inTAP
Will Claudine Gay Keep Her Job?
Today on TAP: The assault on the beleaguered president of Harvard continues.
Posted inEnergy and the Environment
How Larry Summers’s Bad Predictions Hurt the Planet
The clean-energy transition is faltering because of unexpectedly high interest rates, which Summers’s demands to slow down the economy helped usher in.