fbpx It’s time for the Fed to rethink quantitative easing - Lawrence Summers | Harvard Kennedy School

HKS Affiliated Authors

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor

Excerpt

August 26, 2021, Opinion: "The American experience in Vietnam and Afghanistan teaches an important lesson. Making policy incrementally — focusing on adjusting the current policy path to avoid near-term pain, rather than stepping back and assessing whether the current state of affairs makes sense — can lead to terrible outcomes. Indeed, this was the central lesson Daniel Ellsberg drew from the Pentagon Papers." Read Via the Washington Post

HKS Author - Lawrence Summers