Why Washington Can’t Quit Listening to Larry Summers

July 2nd, 2021

New York Times, June 25, 2021 – Larry Summers has split his pandemic time between houses in Massachusetts and Arizona. He also seems to live inside the collective mind of the Washington economic establishment.

When the 66-year-old veteran of the Clinton and Obama administrations talks, Washington’s policy apparatus — journalists and think-tank types, economists and communications people, administration researchers and Capitol Hill staff — stops to listen. It disputes, debates and ultimately disseminates his ideas. Sometimes, it does so almost in spite of itself. Deploring the way he dominates the narrative is its own catalyst to his dominance, though his critics often miss the paradox.  Read the full article.

New Day With John Berman and Brianna Keilar

May 17th, 2021

This morning, John Berman CNN New Day asked me today what I would do about inflation.  This is what I said.

First I’d recognize that our challenge right now is no longer insufficient spending. It’s the economy overheating.