Today's Wall St. J. has an article exploring the speculation that Obama might name Summers to replace Bernanke.
Sort of makes me wonder if zombies are real. The final paragraphs are a fun read: > Mr. Summers is widely considered one of the top economists of his generation. > He is known for being able to quickly and clearly analyze economic issues, > identify the challenges and conceptualize solutions. > > "He's just an incredible combination of smart and caring.…I just think the > world of someone who really really wants to get it done right and figures out > how to do so," said Jonathan Gruber, an economics professor at the > Massachusetts Institute of Technology. > > But to his detractors—of which there are also plenty—he is an overbearing > smarty pants who could be a bull in the collegial Fed china shop. > > "He's not a very self-aware person," said Cathy O'Neil, a mathematician who > worked with Mr. Summers at hedge fund D.E. Shaw during the Bush > administration. "He's incredibly aggressively competitive, in a kind > of…high-school debate champion kind of way." > > But others familiar with his work at D.E. Shaw described him as a team player > who offered input into a broad range of projects. "Larry is an original > thinker, and it's a lot of fun to work with him," said Max Stone, a D.E. Shaw > managing director and a member of its executive committee. > > If nominated, Mr. Summers would also bring a carousel of baggage likely to be > reopened during Senate confirmation hearings. Many liberals are still furious > about his role in the Clinton administration's financial-deregulation > policies. In 2006, he resigned as president of Harvard University, where he > is now a professor, after a string of controversies, including comments he > made suggesting that innate differences between men and women may explain why > fewer women excel in science and engineering careers. > > Mr. Summers left Washington in 2011 with a star somewhat dimmer than when he > arrived two years earlier. He was a main architect of the 2009 stimulus law > and played a large role in the administration's response to the financial > crisis. But he also grabbed headlines for his clashes with other White House > economic advisers. full, behind a paywall: http://online.wsj.com/article/SB10001424127887324260204578588230022479170.html?mod=WSJ_hp_LEFTWhatsNewsCollection _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
