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Lawrence H. Summers has been appointed director of the National Economic Council by US president-elect Barack Obama. He is currently the Charles W. Eliot University Professor at Harvard University. He served as 27th president of Harvard from July 2001 until June 2006. Mr Summers has served in a series of senior public policy positions, including political economist for the President’s Council of Economic Advisers, chief economist of the World Bank, and secretary of the treasury of the United States. In 1993 he received the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40. Mr Summers received his BS from MIT and his PhD in economics from Harvard.
Fifty of the world’s leading economists discuss Lawrence Summers and Martin Wolf’s columns in a special forum. Read the Economists’ forum. - -
The way forward for Fannie and Freddie
The choices made in the coming months will bear on the housing market, future taxpayers and the integrity of the political system, says Lawrence Summers
What we can do in this dangerous moment
The policy choices made in the next few months will matter to America’s economic strength and to the global economy, says Lawrence Summers
Six principles for a new regulatory order
Lawrence Summers joins the debate on proposed changes in regulation and crisis response by describing the properties of any desirable oversight regime
Steps that can safeguard America’s economy
It is not unreasonable to hope that in the US, at least, the financial crisis will remain in remission, says Lawrence Summers
Why America must have a fiscal stimulus
There is now a compelling case for the president and Congress to create a programme of fiscal stimulus to the US economy, says Lawrence Summers
