Latest from Lawrence H. Summers
  • Opinion

The banking industry is throwing stones at a key Biden nominee. But it lives in a glass house.

The industry’s desire for sympathetic treatment by government would stand on firmer ground if not for its own form of radicalism.
  • Oct 7, 2021
  • Opinion

We don’t have to fly blind into the next pandemic

Financing pandemic prevention is fundamentally not about aid to other nations but collective investments in global public goods that benefit all nations, rich and poor.
  • Sep 16, 2021
  • Opinion

It’s time for the Fed to rethink quantitative easing

The lessons of Vietnam and Afghanistan are true for economic policy: Sticking to the same approach without considering whether it still makes sense is a recipe for trouble.
  • Aug 26, 2021
  • Opinion

The inflation risk is real

Policy-makers can take satisfaction in how the U.S. economy has weathered the pandemic. But now they need to face the new dangers ahead.
  • May 24, 2021
  • Opinion

My column on the stimulus sparked a lot of questions. Here are my answers.

Larry Summers will now take your questions.
  • Feb 7, 2021
  • Opinion

The Biden stimulus is admirably ambitious. But it brings some big risks, too.

Going too big on pandemic relief is better than going too small, but lawmakers need to consider the impact on the Biden administration's hopes to "build back better."
  • Feb 4, 2021
  • Opinion

U.S. workers need more power

No other policies can address the systemic inequalities without distributing more power to workers.
  • Jun 28, 2020
  • Opinion

The IRS is leaving billions on the table. Here’s how it can collect that money.

Focusing on high-income people who do not file their taxes would free up billions.
  • Jun 22, 2020
  • Opinion

It is hard to imagine the field of political economy without Alberto Alesina

Political economy has become an important component of economics and political science. And Alberto deserves much of the credit.
  • May 24, 2020
  • Opinion

Given what we’re losing in GDP, we should be spending far more to develop tests

We’re in danger of overemphasizing the impact of the crisis on the economy.
  • May 5, 2020