Larry has been a true advocate for women throughout his career. In 1992, as Chief Economist of the World Bank, Larry argued in front of the world's Finance Ministers that the highest return investment they could make in their economies was to educate their girls. Through his work, girls' education became a focus for development experts and a topic not just in education ministries, but in financial ministries worldwide.
I first met Larry when I was a junior at Harvard. A friend and I were forming a new student organization, Women in Economics and Government, to encourage women to major in these subjects. We told all of our professors of our efforts and of all of them, the one who helped us the most was Larry. He served as our champion and helped rally the support of his fellow professors behind our efforts. The following year, when I wanted to write my senior thesis on the economics of spousal abuse, Larry volunteered to be my advisor because he recognized the importance of the issue.
I went on to work for him both at the World Bank and at Treasury. At the World Bank, he was a tireless advocate for girls' education. At Treasury, he fought for social security benefits for women working in their homes, better enforcement of child support obligations, and an expansion of child care tax credits. And through all of these years, he was a supportive and deeply caring mentor for me and many other women who had the opportunity to work for him.
Larry has been attacked by some in the women's community for remarks he made about women's abilities. As he has acknowledged himself, this speech was a real mistake. What few seem to note is that it is remarkable that he was giving the speech in the first place - that he cared enough about women's careers and their trajectory in the fields of math and science to proactively analyze the issues and talk about what was going wrong. To conclude that he communicated poorly -- and even insensitively -- is fair. To conclude that he is opposed to progress for women overlooks the fact that improving this progress was precisely the subject he was addressing.
Many people note that our nation has few economists with his intelligence. They should also know that we have few leaders, if any, in the financial world who have done more for women.
Jessica Einhorn is the Dean of the Paul H. Nitze School of Advanced International Studies at the Johns Hopkins University. In the 1990s Jessica worked in several senior positions at the World Bank, including as the Managing Director.
Susan Levine is a Managing Director at Watershed Asset Management, L.L.C. From 1993-1996, Ms. Levine served in the U.S. government, first as Deputy Assistant Secretary for International Development, Debt and Environmental Policy at the U.S. Treasury Department, and then as senior vice president at the Overseas Private Investment Corporation.
Nancy Birdsall is the President of the Center for Global Development. From 1993 to 1998, Ms. Birdsall was Executive Vice-President of the Inter-American Development Bank.
http://www.thepetitionsite.com/1/tell-obama-not-to-assign-summers-as-his-treasury-secretary#signatures
Or visit change.gov and send Barak Obama a message about your concerns. If Obama appoints this misogynist, it will be a slap in the face to the women who elected him to be our president. Our nation took a great stride forward last week. Let's keep it going in the right direction!
"So my best guess, to provoke you, of what's behind all of this is that the largest phenomenon, by far, is the general clash between people's legitimate family desires and employers' current desire for high power and high intensity, that in the special case of science and engineering, there are issues of intrinsic aptitude, and particularly of the variability of aptitude, and that those considerations are reinforced by what are in fact lesser factors involving socialization and continuing discrimination. I would like nothing better than to be proved wrong, because I would like nothing better than for these problems to be addressable simply by everybody understanding what they are, and working very hard to address them."
Since nothing can be done about "intrinsic aptitude" the import of his remarks, were they given credibility, would be to do nothing.
Having read a transcript of Summers' statements at that conference, I'll go one further and say that to conclude that he communicated poorly-- much less insensitively-- is unfair.
Summers raised some points of consideration with regard to why women and men choose certain careers disproportionately. He offered his opinions and personal insights in good faith, and suggested further study.
This inflamed the insecurities of certain people who hold fast to an ideological belief that, when it comes to education and careers, men and women must by necessity start out perfectly equal, and so any imbalance must be caused by social factors. That's a fine theory to hold, but only if you can support it with evidence instead of ideology. Summers' detractors on this point are afraid of any competing theories, perhaps because they know their own is on such shaky ground.
The fact is, if you really want to increase the representation of women in fields like math and science (or, conversely, the representation of men in the humanities), you need a firm and grounded understanding of what motivates them to enter certain fields. Social factors no doubt play a role, but if that's all you focus on, I believe you'll be sorely disappointed with your results.
Rather than being strung up, Summers should have been lauded for his willingness to enter into the conversation honestly and express points that most in academia seem too cowed to
First, there is no credible evidence to support this assertion. At the time, he was most likely referring to Benbow & Stanley's research (1980, Science). To say that Summers' "genetic differences" hypothesis was well-supported by research at the time of his talk is disingenuous at best. Moreover, recent research demonstrates no meaningful mean (or standard deviation) differences in quantitative ability between men/women (Hyde, 2008, Science).
http://www.sciencedaily.com/releases/2008/07/080724192258.htm
Second, he displayed a dismissive attitude toward other explanations that have been shown in numerous studies to explain as much or more variance in men's and women's mathematical ability, including differential socialization, learning environments, gender discrimination, stereotype threat, and many other factors.
Finally, no academic in the social sciences is unwilling (or too cowed) to discuss these matters. What we are unwilling to do is employ out-dated and ultimately unsupported explanations, especially those based largely on gender-stereotypes, for the observed under-representation of women in STEM fields.
I also notice some interesting parts to the article, such as this:
'Cultural beliefs like this are "incredibly influential," she says, making it critical to question them. "Because if your mom or your teacher thinks you can't do math, that can have a big impact on your math self concept."'
I wonder... is that statement as researched as Hyde's statistical data presumably is (even though she's a psychologist, I'll give her the benefit of the doubt that she's one of the empirical ones)?
My point is not that Summers was right, but that the opinions he expressed are not so crazy as they've been made out to be. If they're wrong, then let the research show them to be so- if the research already shows it, then the job should easier. Instead, all we heard from the mainstream press was hyperbolic summaries of what Summers said (or mutations thereof). My reading shows that he went out of his way to say he could be wrong and welcomed (fair) criticism. Whether those caveats were disingenuous or not, his statements seem to me to be much less than many have made them out to be.
If he was big on deregulation, that's a deal breaker right there.
http://www.ft.com/cms/s/0/6e0613d4-2fef-11dd-86cc-000077b07658.html
It is precisely the failed judgment of a man in a position of powerthat should negate Larry Summers to once again rise to power as treasury secretary.
He has left the inkling of doubt a malingering stench and given gravitas to the spophistry that women are the genetic inferior to men in math and sciences.
It is to sell the world on his idea of the ten tailed cat. The logic follows this path No cat has nine tails and A cat has one more tail than No cat therefore A cat has ten tails.
Stuff your tail between your legs Larry and slither away.. We dont want more of what you are selling lost the manufacturing job and the dot com Tshirt too.
Consider:
1. Summers was a main player in financial deregulation, a primary cause of the present economic crisis. Summers sought to silence Brooksley Born, head of the Commodity Futures Trading Commission, who correctly foresaw that unregulated derivatives trading could put other financial markets at risk. While Born attempted to draft regulations to address this risk, Summers and his cronies accused her of fostering a financial crisis. Congress, apparently under pressure from Summers et al, suspended Born’s Commissions’ regulatory authority. Born then left her position as head of the Commission. “It was Larry Summers who called her up and screamed at her,” according to Siskind, who notes that the financial meltdown might have been averted if Summers had listened to Born (a woman). http://thenewagenda.net/2008/11/09/the-boston-globe-on-summers-and-the-new-agenda/
2. While President of the World Bank Summers argued that toxic/polluting industries should be sent to the Third World. He noted that people in the Third World contribute less to the global economy and, therefore, they should be the ones poisoned by pollution. http://www.whirledbank.org/ourwords/summers.html
I sincerely hope that Obama will not choose Larry Summers. It would be a terrible mistake.
As for the second point, however, about exporting pollution, my understanding is that the memo in question was written (not by Summers, I add) with irony, and in fact Summers advocated for environmental issues in the developing world while President of the World Bank.
"'Dirty' Industries: Just between you and me, shouldn't the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]? I can think of three reasons:. . ."
You can see the entire text of the email he wrote at: http://www.whirledbank.org/ourwords/summers.html
There are many brilliant economists in the country. Why even consider one who arouses such controversy and who has been problematic on many issues.