…emerge over the past several months, there are news stories that Larry Summers and the Obama economic team are converging on an unlikely candidate: the proposal by Glenn Hubbard and…

…be immense. A gigantic shift from one player to another reduces the sum of their market values. This was shown back in the day by Larry Summers and David Cutler…

…taxing the incomes of the top financiers would, I would guess, be excellent policy even if the revenues were wasted (by the way Larry Summers sometimes argues this — one…

…he’s generally in favor of a set of policies that Larry Summers and Robert Rubin could heartily endorse. How PGL punctuates his quotations and parenthetics remains to be seen. AB…

…rate is needed to promote an even higher level of borrowing for investment. Thus the natural interest rate is placed in the context of policy goals. Larry Summers sees the…

…demand. Then he ends by giving the floor to Paul Krugman and his “Techno-optimism”… “what Larry Summers and I have been suggesting is that we may face a persistent shortfall…

…now try to create a higher unnatural level of real GDP in order to reach full employment? As Larry Summers says, they would have to target a negative natural real…

…series tomorrow, I criticize Larry Summers for promoting policies of financial repression. As well, I make a case that the United States is already drinking the financial repression foul brew….

I don’t think there’s anything eye-popping or revolutionary this post, but it’s thinking that I’ve been finding useful. Long before Larry Summers bruited his recent ideas about secular stagnation and…

…of household balance sheets during the global financial crisis, and the economic consequences of the massive decline in household wealth. Larry Summers has praised the authors’ contribution to our understanding…