…with other attractions. Two Keynesian economics makes this very very explicit. And this brings me (finally) to my first point. It is actually Larry Summers’s point. In 1998, Krugman assumed…

…I had previously received an invitation from Janet Yellen to do so, and today one came from Larry Summers. I kind of doubt that either specifically directed that I receive…

…will continue to prevail. Lukasz Rachel and Larry Summers of Harvard have also looked at falling real rates in the advanced economies, which they attribute to secular stagnation. They point…

…economists) at the IMF, the World Bank and the Clinton Treasury. A central figure is Larry Summers who went from chief economist at the world bank to first chairman of…

…strong. Thus I agree with Donald Trump and Bernie Sanders and disagree with Larry Summers. The case for stimulus is only medium strong. Unemployment is fairly high, but part of…

…arguments by Larry Summers that the covid bill is too large and may lead to a surge in inflation and/or a Fed-induced recession.  No doubt this is possible; a more…

…inflation still below the Fed’s target of 2%. Certainly this contrasts with the scary talk coming from Larry Summers and Olivier Blanchard, not to mention most GOP commentators, regarding what…

Dear Democrats: Yes, inflation is a problem [Update: I see where Larry Summers has obviously read my piece below, and says, “I agree with NDD!”  (Just teasing)] In the past…

…themselves—in comparison, the CBO said the 2017 Republican tax cuts would cost $1.4 trillion over ten years—but they might get even better. Many economists, including Larry Summers, who has been…

…with regard to extending the moratorium, quoting Larry Summers again, he said it’s exactly the wrong thing to do in the middle of this over-heated economy producing this rampant inflation.”…