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Larry Summers
Larry Summers Net Worth is $20 Million. Lawrence Summers is the Director of the Economic Council for the White House, with a net worth of $20 million. Lawrence Summers accumulated his net worth through his years in government positions and as the Pre. Lawrence Henry Summers (born...

Larry Summers Net Worth is $20 Million.

Larry Summers Net Worth is $20 Million. Lawrence Summers is the Director of the Economic Council for the White House, with a net worth of $20 million. Lawrence Summers accumulated his net worth through his years in government positions and as the Pre Lawrence Henry Summers is an American economist. He served as the 71st United States Secretary of the Treasury from 1999 to 2001 under President Bill Clinton. He was Director of the White House United States National Economic Council for President Barack Obama until November 2010. Summers is the Charles W. Eliot University Professor at Harvard University's Kennedy School of Government. He is the 1993 recipient of the John Bates Clark Medal for his work in several fields of economics.
Summers also served as the 27th President of Harvard University from 2001 to 2006. Summers resigned as Harvard's president in the wake of a no-confidence vote by Harvard faculty that resulted in large part from Summers's conflict with Cornel West, financial conflict of interest questions regarding his relationship with Andrei Shleifer, and a 2005 speech in which he suggested that the under-representation of women in science and engineering could be due to a "different availabili...
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Larry Summers Latest News

Larry Summers: Ocasio-Cortez ‘right in spirit’ to call for higher taxes on top earners

Former Treasury Secretary Larry Summers said Democratic Rep. Alexandria Ocasio-Cortez of New York was “right in spirit” to call for higher taxes on the nation’s highest earners. “The ...
Posted: January 8, 2019, 1:49 pm

Vital Signs: The power of not being too clear

Without incentives of some kind nothing much happens. As former US treasury secretary Larry Summers once noted, "nobody in the history of the world ever washed a rental car." We are bombarded by ...
Posted: January 18, 2019, 8:03 am

Lawrence Summers: A recession is likely in the next two years (Gazette opinion)

You might say a person is fundamentally healthy so long as you cannot yet say what will cause his death. Likewise, an economic recovery is healthy if it is not clear what will cause the next recession ...
Posted: January 8, 2019, 4:35 pm

Economists Need to Add a Little History to Their Tool Kit

Back in 2011, as the U.S. and other countries debated what to do about a recession that was stretching on much longer than expected, economists Brad DeLong and Larry Summers bemoaned what they conside...
Posted: January 18, 2019, 4:30 am

Sweden Rebuts Summers After His Critique of Negative Rates

Sweden’s central bank has rejected the findings in a study co-authored by former U.S. Treasury Secretary Lawrence Summers that criticized negative interest rates. Riksbank First Deputy Governor Kersti...
Posted: January 16, 2019, 8:50 am
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