Lawrence Summers

Lawrence Summers is the Charles W. Eliot University Professor at Harvard University and the Weil Director of the Mossavar-Rahmani Center for Business & Government at Harvard’s Kennedy School. He is also President Emeritus of Harvard University. During the past two decades, he has served in a series of senior policy positions in Washington, D.C., including the 71st Secretary of the Treasury for President Clinton, Director of the National Economic Council for President Obama, and Vice President of Development Economics and Chief Economist of the World Bank. He and his wife Elisa New, a professor of English at Harvard, reside in Brookline with their six children.

Lawrence Summers, a professor of economics at Harvard University, is renowned for his contributions to macroeconomics, financial markets, and public policy. His research interests span economic growth, labor markets, and financial behavior, with a focus on how macroeconomic policies affect long-term economic outcomes. Summers has explored topics such as the role of central bank independence, the impact of fiscal policy in depressed economies, and the dynamics of financial markets, including the behavior of noise traders and mean reversion in stock prices. His work often addresses the interplay between economic theory and real-world policy challenges.