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: Worry About Deflation Not Inflation. Lawrence Summers, October 16, 2014, Audio. "European stock markets dropped sharply again today amid growing fear that economies in Asia and Europe are faltering. Investors in this country are also flirting with a correction in stocks. At one point yesterday the Dow Jones Industrial Average dropped 458 points. However, good news about the U.S. economy keeps trickling in. Unemployment claims dropped to their lowest level in 14 years. To get some perspective on what’s going on, Here and Now's Jeremy Hobson..." Link