Last week, the White House released a brief that, among other things, suggested I was wrong in claiming the president has taken credit for far more economic success than he deserves. It does not take long to compile evidence to support my mild claim. READ MORE
RECENT BLOG POSTS
Trump exaggerates economic progress and takes credit he doesn’t deserve
September 20th, 2018
The financial crisis and the foundations for macroeconomics
September 13th, 2018
A, if not the, preoccupation of macroeconomists for the last generation has been providing macroeconomics with a microeconomic foundation. At one level this totally makes sense. How can one be against establishing foundations? And it makes sense to think that macroeconomic theories of fluctuations in investment, for example, should be rooted in theories of how individual businesses makes investment decisions. READ MORE
FT Columns
Ending quarterly reports will not stop corporate short-termism
Requiring less information would favour better-connected professional investors
President Donald Trump has asked the US Securities and Exchange Commission to investigate moving public companies to a six-month rather than three-month reporting cycle to combat an excessive corporate focus on the... read more
In the News
Speech to the Economic Club of New York
Summers spoke to the Economic Club of New York on May 16, 2018. Watch the video here: