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Lawrence Summers

"Daring to Discuss Women in Science:" A Response to John Tierney

Caroline Simard | Posted 05.25.2011 | Technology
Caroline Simard

John Tierney suggests that boys are innately more gifted at math and science.

Why Do Tea Party Protesters Believe Only They Have a Right to Robust and Raucus Speech?

Lennard Davis | Posted 05.25.2011 | Politics
Lennard Davis

The Supreme Court has defended the right of citizens to engage in robust and raucous colloquy. That ruling applies not only to Tea Party protesters but to all Americans as well.

Larry Summers May Be Leaving Obama Administration, Fox Business Reports

Jeff Muskus | Posted 05.25.2011 | Business

Larry Summers may be the first high-profile departure from the Obama administration, Wall Street executives tell the Fox Business Network. White Ho...

Larry Summers, Obama's Top Economic Adviser, Makes The Case For Another Round Of Stimulus Spending

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

In a speech yesterday at Johns Hopkins University, Larry Summers, President Obama's top economic adviser, made the case for increased spending to stim...

Yin/Yang at the Federal Reserve

Jason Paez | Posted 05.25.2011 | Business
Jason Paez

Consumers need a strong, independent agency that does not have inherent conflict within its core mission statement.

Larry Summers Defends Record On Derivatives During Clinton Administration

Posted 05.25.2011 | Politics

Last month, Bill Clinton told ABC News that his former Treasury Secretaries, Robert Rubin and Larry Summers, gave him wrong advice on derivatives, and...

Cringe-Worthy College Gaffes (PHOTOS)

Posted 05.25.2011 | College

*UPDATED* t's not just the students who are responsible for some cringe-worthy behavior in colleges. Sometimes, the administrators and faculty are to...

A Dangerous Pattern: Rewarding Failure

Ron Ashkenas | Posted 05.25.2011 | Politics
Ron Ashkenas

Cross-posted from Harvard Business Online Over the past few months there has been growing anger and frustration about outsized Wall Street bonuses aw...

No Banker Left Behind

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

The economy is anything but sound, but you would hardly know that from looking at the balance sheets of the big investment banks. Wall Street bankers apparently have a license to steal.

Simon Johnson And James Kwak: Is Summers Ready to Get Tough on Big Banks? | SIMON JOHNSON and JAMES KWAK | Posted 05.25.2011 | Business

Financial regulation is currently in no-man's land, having emerged more or less intact from the House frying pan before facing the gantlet of the Sena...

Lawrence Summers' Dream

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger


Volcker Rules

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Obama's endorsement of what he calls the "Volcker Rule" for once puts him squarely on the side of ordinary Americans as opposed to the banking bandits who have so thoroughly fleeced the public.

State of the Union: Ask Us, Mr. President

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

Americans are not dumb, but we have been delusional. Now we know the party is ending. This is when great leadership is needed.

The Sorry State of the Union

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

The state of the union is just miserable, no matter how President Obama sugarcoats it. He will claim that progress has been made in the markets, national security and health care, and he'll be wrong on all fronts.

Behind Obama's Decision To Toughen Stance On Big Banks

Wall Street Journal | Jonathan Weisman | Posted 05.25.2011 | Politics

For nearly a year, President Barack Obama's economic team resisted measures to restrict the size and activities of the biggest U.S. banks. Two days af...

7 Minutes With Joseph Stiglitz: Hopes Geithner and Summers Learn From Serious Errors

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

The ideas that Stiglitz have been advocating are what many who supported Obama thought they would be getting, but instead of Stiglitzianism, America got Rubinism.

Political Figures Sleeping In Public (SLIDESHOW)

Huffington Post | Alex Leo | Posted 05.25.2011 | Comedy

Lawrence Summers, Obama's head of the National Economic Council, fell asleep today during a White House meeting. This would be funny normally, but con...

Great Challenges Make Great Presidents? Obama Not There Yet

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

I wrote this article today for reviewing President Obama's performance over the past year.

Why Is Obama to the Right of the Wall Street Journal, Greenspan, and McCain on Breaking Up Banks and Restoring Glass Steagall?

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

If, a year after Obama's victory, the Senatorial race to replace Ted Kennedy is close, it can largely be attributed to public disillusionment that Obama and the Democrats have given away too much taxpayer money to Wall Street banks.

Dear Barack, Spare Me Your E-Mails

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

In each of the three most important areas of policy with which he has dealt, Obama speaks in the voice of the little people's champion, but his actions cater fully to the demands of the most powerful economic interests.

The Recession, President Obama and The Future. Do ideas matter?

Alan Miller | Posted 05.25.2011 | Politics
Alan Miller

Recently, the Mayor of London, Boris Johnson, penned an article bemoaning the greed of bankers and hatred of politicians. Indeed, it has been a wid...

Obama Administration Determined to Usher in New Great Depression

Allison Kilkenny | Posted 05.25.2011 | Business
Allison Kilkenny

Whatever one thinks of Paul Volcker, any amateur historian can see that he's right to want to keep investment banking separate from commercial banking.

Larry Summers: Bailouts Only A "Temporary" Measure

Wall Street Journal | Posted 05.25.2011 | Business

Mr. Summers: The government's direct actions to invest money in companies were once-a-generation or once-every-two-generation responses to a once-ever...

Washington: Totally Disconnected From Main Street

Don McNay | Posted 05.25.2011 | Business
Don McNay

Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.

2010: The Year Main Street Sticks It to Wall Street and Washington

Don McNay | Posted 05.25.2011 | Business
Don McNay

If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.