HKS Affiliated Authors
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor
Excerpt
Excerpt
Larry Summers: The Economy Hasn't Grown Rapidly "in a Financially Sustainable Way" for a Long Time. Lawrence Summers, July 23, 2014, Opinion. "Larry Summers is the Charles W. Eliot professor at Harvard and the former treasury secretary for President Clinton. We talked recently about secular stagnation, the Export-Import bank and the trade deals Obama is working on. This interview has been edited and condensed. Danny Vinik: Can you start by briefly explaining what secular stagnation is and why we should be so worried about it?..." Link