On the 125th Anniversary of the Wall Street Journal, Summers wrote an essay on July 7, 2014 on the economic challenge of the future: Jobs. Summers said the economic challenge of the future will not be producing enough. It will be providing enough good jobs. The piece concludes, “the challenge for economic policy will increasingly be generating enough work for all who need work for income, purchasing power and dignity.” continue
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Aspen Ideas Festival
Professor Summers participated in two sessions during the Aspen Ideas Festival. On Tuesday, July 1, 2014 he held a discussion titled, “What does the future hold for our economy.” On Monday, June 30, 2014, he had a conversation with Drew Faust about the future of universities. continue
CNBC: Economy Could Accelerate
At the Aspen Ideas Festival on June 30, 2014, Summers told CNBC’s Closing Bell, “There’s a prospect that the economy could accelerate quite substantially over the next couple of quarters.” He went on to say, “That would be an important and obviously positive development,” [there's] no assurance that will be the case, but I think that could be a surprise.” continue