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    1. December 2, 2014

      Early investors to make big gains on Lending Club IPO

      High profile Wall Street names including Lawrence Summers, former US Treasury secretary, and John Mack, former Morgan...

    2. November 28, 2014

      Andersen was exonerated but by then it was too late

      Sir, The review by Lawrence Summers of Brandon Garrett’s book Too Big to Jail: How Prosecutors Compromise with Corporations...

    Special Reports

    1. World Economy

      As China prepares to take over from the US as global top dog the success of its econom...
    Search more Special Reports on this topic.

    1. November 26, 2014

      Lending Club boosts size of planned IPO

      Lending Club has boosted the size of its planned initial public offering to $650m as it prepares to launch investor meetings...

    2. beyondbrics

      November 11, 2014

      Guest post: China - reverting to which mean?

      By Louis Kuijs of RBS China’s economic growth is coming down, trend-wise, but opinions differ widely over how much and how...

    3. The A-List

      October 24, 2014

      Realising China’s sustainable growth rate

      Temple night market  © Ray Laskowitz / Getty Images The former US Treasury secretary Lawrence Summers and his Harvard...

    4. FT Alphaville

      October 22, 2014

      Fed talk, inequality, and the lawless border town between fiscal and monetary responsibilities

      It’s hard to say which was more surprising — the passages in Janet Yellen’s inequality speech last week that appealed to...

    5. FT Alphaville

      October 20, 2014

      Regressing to the mean in China or why if something cannot go on forever, it will stop

      With a h/t to Marginal Revolution, here’s Larry Summers and Lant Pritchett on why — for the same reason the USSR didn’t...

    6. October 9, 2014

      An extraordinary state of ‘managed depression’

      Suppose we had been told two decades ago that a time would come when the highest short-term intervention rate implemented by...

    7. FT Alphaville

      October 6, 2014

      Government debt and monetary policy

      A new paper by several Harvard economists, including former Treasury Secretary Larry Summers, argues that a little more than...

    8. The A-List

      October 3, 2014

      Monetary policy is not the answer to America's economic troubles

      US economic policy has become too focused on monetary policy, while putting too little weight on fiscal policy to blunt...

    9. September 30, 2014

      Why inequality is such a drag on economies

      W hen should growing inequality concern us? This is a moral and political question. It is also an economic one. It is...

    10. FT Alphaville

      September 24, 2014

      Skids under Zhou Xiaochuan?

      Sometime tennis partner of Larry Summers and People’s Bank of China governor Zhou Xiaochuan looks to be on the way out,...

    11. FT Alphaville

      September 23, 2014

      Let there be bubbles!

      Citi’s Matt King has jumped on the secular stagnation bandwagon with a really nifty collection of charts that ties the whole...

    12. The A-List

      September 3, 2014

      The contested ties between asset prices and QE

      The development of economies can to some extent be predicted. For example, when an economy has recently been growing at a...

    13. August 27, 2014

      Lending Club seeks to raise more than $500m in IPO

      Lending Club moved ahead with plans for a stock market listing on Wednesday, filing paperwork for an initial public offering...

    14. FT Alphaville

      August 27, 2014

      Further reading

      Elsewhere on Wednesday, - Property rights and saving the rhino. - Why the Putin era may be over sooner than we think. - The...

    15. July 29, 2014

      Fear of bubbles hides the danger of stagnation

      If it turns out the US Federal Reserve has inflated an asset price bubble in recent years then we can breathe a sigh of...

    16. FT Alphaville

      July 23, 2014

      The Closer

      FURTHER FURTHER READING - Another false alarm on US inflation? - A dearth in innovation for key drugs. - Should the US...

    17. June 27, 2014

      Lending Club IPO seeks $5bn valuation

      Lending Club is preparing to raise more than $500m from a US initial public offering in what would be a landmark moment in...

    18. June 22, 2014

      ‘The Consolations of Economics’, by Gerard Lyons

      The Consolations of Economics: How we will all benefit from the new world order, by Gerard Lyons, Faber & Faber, RRP£16.99...

    19. Business Blog

      June 15, 2014

      Managers wanted: must understand robots and humans

      Outsiders have been marvelling at the uncanny skills of robots for decades. In 1978, commentators on the FT’s “Technical...

    20. FT Alphaville

      June 13, 2014

      Further reading

      Elsewhere on Friday, - Tesla’s Gettysburg Address for entrepreneurship and innovation? Also, decent PR. - Paul McCulley on...

    21. June 6, 2014

      Lawrence Summers on ‘House of Debt’

      House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again, by Atif Mian...

    22. May 30, 2014

      Corporate citizens of the world owe fealty to us all

      The head of a British multinational declared this week that he opposed the idea of companies that exist “somewhere in the...

    23. Money Supply

      May 27, 2014

      Larry Summers: "Robots are already taking your jobs"

      (c) Getty Images A sobering message from Larry Summers this afternoon in a speech at the “Conference on Inclusive...

    24. May 12, 2014

      ‘Stress Test’, by Timothy Geithner

      Stress Test: Reflections on Financial Crises , by Timothy Geithner, Random House Business/Crown, RRP£25/$35 If you had taken...

    25. FT Alphaville

      May 2, 2014

      Further reading

      Elsewhere on Friday, - The rise and rise of the salt water school. - Should governments run budget surpluses? - Death of...

    26. FT Alphaville

      April 29, 2014

      Robots, jobs and TFL strikes

      On a morning which saw London grind to a halt because of a two-day strike by Transport for London workers protesting the...

    27. April 24, 2014

      Bill Daley to join hedge fund

      Bill Daley, the former White House chief of staff, is to join the hedge fund Argentière Capital, which was founded last year...

    28. April 20, 2014

      How Obama lost friends and influence in the Brics

      When Barack Obama took office, he pledged a new overture to the world’s emerging powers. Today each of the Brics – Brazil,...

    29. FT Alphaville

      April 17, 2014

      Larry Summers on forwarding the Doozer economy

      Larry Summers was interviewed by Chrystia Freeland at the INET conference in Toronto last week, in a conversation that very...

    30. January 26, 2014

      Automation and the threat to jobs

      The mood was optimistic at this year’s World Economic Forum. Despite the economic wobbles in Argentina and emerging markets,...

    31. January 24, 2014

      Osborne and Summers clash on UK austerity

      Simmering transatlantic tensions broke out into the open at the World Economic Forum in Davos on Friday, in the form of a...

    32. January 24, 2014

      Divisions emerge over effect of digital disruption

      Sitting alongside his counterparts from Yahoo, AT&T, BT Group and Cisco Systems, Marc Benioff, chief executive of...

    33. The World

      January 24, 2014

      Davos debate: Osborne and Summers spat

      UK Chancellor George Osborne and former US Treasury Secretary Lawrence Summers have just locked horns at Davos on the UK’s...

    34. The World

      January 24, 2014

      Davos thoughts: Secular stagnation

      Lawrence Summers (c) WEF On Thursday, I moderated a fascinating lunch-time discussion on “secular stagnation” with Lawrence...

    35. FT Alphaville

      January 22, 2014

      The time for official e-money is NOW!

      Now, more than ever, is the time for central banks to launch their own official e-money. We’ve campaigned for this before....

    36. FT Alphaville

      January 21, 2014

      Bubbles as a deflationary escape chute

      If Larry Summers is correct about secular stagnation, the natural interest rate is negative and interest rates at current...

    37. FT Alphaville

      January 15, 2014

      Further reading

      Elsewhere on Wednesday, - A gently persuasive TED on why IB’s limited weekend policies are so damn stupid. - Why history of...

    38. January 6, 2014

      Capital flows: Powered down

      After Lehman Brothers investment bank collapsed in late 2008, the lights almost went out in the global financial system....

    Search for Lawrence Summers and

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