Larry Summers Was Right on Inflation. Now He’s Got Another Worry

April 20, 2023, Audio & Interview: "During Larry Summers's long career, which has included stints as Treasury secretary under President Clinton, director of the National Economic Council under President Obama, and president of Harvard University, he has embodied the part of centrist-Democratic wise man — while inspiring plenty of opposition on the right and left. Lately, though, Summers has embraced a different role: teller of hard truths. He had little company when he warned about the dangers of runaway inflation in 2021, but the rest of the world soon caught up. Now, Summers thinks that while inflation may have been tamed, the country is likely to experience more substantial economic turbulence soon."