Economist Lawrence Summers

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In the great explosion of globalization that hit the world in the 1990s, former World Bank chief economist Lawrence Summers was boldly front and center, cheering on global markets as, ultimately, Bill Clinton's Secretary of the Treasury.

From Washington, Summers went north, to the presidency of Harvard University — where his high-octane, no-holds-barred style brought change, enemies, and a rough early exit. Now, Summers is looking back on what he's learned — most of all about the big pinch globalization is putting on the middle class.

This hour On Point: political economist Larry Summers, and what he's learned about the great, big world.


Lawrence Summers, University Professor at Harvard University, managing director at the hedge fund D.E. Shaw, monthly columnist for the Financial Times and member of a number of boards.

This program aired on June 18, 2007.


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