Lawrence Summers



Profile:
Full name: Lawrence Henry Summers

Area of interest: Economics

Journals: Financial Times

Email: [mailto:Lawrence_Summers@ksg.harvard.edu Lawrence_Summers@ksg.harvard.edu]; contacts page

Personal website: Harvard KSG faculty website: Lawrence H. Summers

Websites:

Blog: ft.com: The A-List, insightful comment on the topics that matter, from globally renowned leaders, policymakers and commentators

Representation:

Networks:



Biography:
About:

Education: Massachusetts Institute of Technology: BSc, 1975; Harvard: Ph.D. Economics, 1982; Charles W. Eliot University Professor at Harvard University

Career: Senior public policy positions in US: political economist - President’s Council of Economic Advisers; chief economist, World Bank; Secretary of US Treasury, 1999-2001; 27th president of Harvard University, 2001/2006; Harvard University Charles W. Eliot University Professor, Kennedy School; since 2009 is Director of the White House's National Economic Council for President Barack Obama
 * see Harvard KSG faculty website: BIO | CV (pdf)

Current position/role: (former FT chief economics commentator)


 * also writes/has written for:

Other roles: Harvard University Charles W. Eliot University Professor, Kennedy School

Other activities: Part-time Managing Director of [http://en.wikipedia.org/wiki/D._E._Shaw_%26_Co. D.E. Shaw & Co]

Disclosures:

Viewpoints/Insight: Renaissance man, Guardian interview, 2005
 * Harvard KSG faculty website: speeches

Controversy/Criticism:
 * Harvard row over sex and science - 'The president of Harvard University has caused a stir among academics by suggesting women have less innate ability at science and maths than men' - BBC News, 18th Januay 2005
 * Change means possibility and pain - 'Change within organisations always and everywhere involves loss. Sometimes the loss is small, as when the boss asks us to give up a familiar routine or move to a distant corner of the building. Sometimes it is of existential proportions, as when a new assignment challenges us to reconsider our values, status and career. Either way, distress is the inevitable result' - Simon London, Financial Times, 28th February 2006
 * see also: controversies - Wikipedia

Awards/Honours: John Bates Clark Medal, 1993 - given every two years to most outstanding American economist under forty years of age

Scoops:

Other:



Books & Debate:

 * Understanding unemployment OCLC 15487448, 1990
 * Development and the environment OCLC 26146265, 1992
 * Investing in all the people: Educating women in developing countries OCLC 45730902, 1994 (e.book)
 * Curbing predatory home mortgage lending: a joint report OCLC 45177710, 2000
 * Renewing the Atlantic partnership OCLC 55110672, 2004 (with Henry Kissinger; Charles Kupchan)
 * Harvard business review on leadership in a changed world OCLC 53330764, 2004 (with C.K. Prahalad; Moss Kanter)

Forthcoming work: A Climate of Change Hamilton Project Ideas on Energy Security and Climate OCLC 231581671, 2009

(with Jason Furman, senior economic adviser to Barack Obama in his President campaign of 2008)


 * see also MIT Press | Amazon.com

Latest work:

Speaking/Appearances:

Current debate:



Financial Times:
Column name:

Remit/Info: Economics

Section: Comment

Role: Contributor (former Chief economics commentator)

Pen-name:

Email:

Website: FT.Com / Lawrence Summers

Commissioning editor:

Day published: Monday

Regularity: Monthly

Column format:

Average length: 900 words



Articles: 2011

 * The world must insist that Europe act - A-List: A continuation of the grudging incrementalism of the past two years now risks catastrophe - 19th September
 * to avoid our lost decade'' - 20th August
 * at an agreement will give way to alarm'' - With growth less than 1%, economy is at stall speed - 3rd August
 * to save the eurozone'' - No country is going to generate huge primary surpluses for long periods for the benefit of foreign creditors - 18th July
 * is of the essence, any US budget deal will do'' - The A-List: With the US economy as weak as it is, any agreement must be pushed forward as soon as possible - 13th July
 * to avoid our own lost decade'' - Within years of the two deep postwar recessions, the US grew in the range of 6%. Today that seems inconceivable - 13th June



Articles: 2010

 * sensible stance on recovery'' - The combination of measures proposed offers the best prospect for moving the economy forward - 19th July



Articles: 2008

 * The pendulum swings towards regulation - There will be an enhanced role for government in saving the system from its excesses and inadequacies but policymakers need to be attentive to potential government flaws - 27th October 2008
 * can gain from bail-out'' - The idea has taken hold that the US will have to scale back its aspirations in areas such as healthcare. This is more wrong than right - 29th September 2008
 * global consensus on trade is unravelling'' - The success of the next administration could depend on its ability to engage with a wider range of global economic stakeholders - 25th August 2008
 * The way forward for Fannie and Freddie - The choices made in the coming months will bear on the housing market, future taxpayers and the integrity of the political system - 28th July 2008
 * What we can do in this dangerous moment - The policy choices made in the next few months will matter to America’s economic strength and to the global economy - 30th June 2008
 * Six principles for a new regulatory order - Lawrence Summers joins the debate on proposed changes in regulation and crisis response by describing the properties of any desirable oversight regime - 1st June 2008
 * A strategy to promote healthy globalisation - US international economic policy needs to focus on issues in which the largest number of Americans have the greatest stake - 5th May 2008
 * America needs to make a case for trade - A model is needed that more successfully aligns the interests of people in rich countries with the success of the global economy - 28th April 2008
 * Steps that can safeguard America's economy - Neither US financial institutions nor the economy are likely to suffer from a lack of central bank liquidity provision - 31st March 2008
 * America needs a way to stem foreclosures - The American economic outlook remains highly uncertain. But macro­economic policy is now properly aligned, as the economy will benefit over the next several quarters from fiscal and monetary stimulus - 25th February 2008
 * Beyond fiscal stimulus, further action is needed - Markets and perceptions of the economic outlook change rapidly. Even two months ago most observers doubted predictions of a US recession, saw no need for a fiscal stimulus, and thought that inflation fears should constrain monetary policy - 28th January 2008

also: Harvard KSG faculty website: publications/articles (archive)



news & updates:


Links:

 * Wikipedia biog.
 * departure opens door for new ideas'' - In a few weeks, Mr Summers will move back to Harvard where he will be able to think up good ideas without having to second guess what the political traffic will bear, Edward Luce in the FT, 23rd September
 * Lunch with the FT: Larry Summers By Chrystia Freeland, 10th July 2009
 * Larry Summers: Can he make the sums add up?, profiled by Rupert Cornwell in The Independent, 14th March 2009
 * Lawrence Summers and the Battle for the World's Most Powerful University, ISBN 0060568542 by Richard Bradley
 * Why Larry Summers could be a good Treasury Secretary - John Gapper, Financial Times, 7th November 2008