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 on how to stimulate investment in a slow-growth world. Lawrence Summers, April 17, 2015, Video. "There's a substantial need more investment throughout the world and influential economist Larry Summers says some of it may have to come from public investment. Summers, who has been economic adviser to Bill Clinton and Barack Obama and former president of Harvard University, points to the substantial infrastructure deficits in the U.S. alone as proof that there is a need for more money from somewhere. He cites the state of the U.S. air traffic control system, which still runs on vacuum tube technology or the fact that oil is still being shipped on trains..." Link