Former Harvard president Larry Summers admires the research of "rock star" French economist Thomas Piketty, but he's been skeptical that innovation and entrepreneurship don't have more to do with the high rate of return on capital. Innovation is great, Piketty…
By Thomas Piketty
President Obama's outgoing economic adviser, Larry Summers, speaks with Jeffrey Brown about the economics behind the new tax-cut extension and the state of the Obama administration's economic policy.
A story about clawbacks slated to run on the NewsHour tonight features a protest disrupting a speech by Goldman Sachs CEO Lloyd Blankfein. Yesterday, the protesters struck again during a session with Larry Summers,…
President Barack Obama said Monday that he intends to stop American International Group from paying out millions in executive bonuses, as concern intensified over the insurance giant's handling of federal rescue money.
By PBS NewsHour
One day after signing the stimulus bill, President Barack Obama unveiled a plan Wednesday to stem the foreclosure crisis. White House adviser Lawrence Summers offers insight on the recovery strategy.
By Admin, PBS NewsHour
A group of academic economists confirmed on Monday suspicions that the troubled U.S. economy is in a recession, saying the economic downturn began in December 2007.
Harvard University named historian Drew Gilpin Faust as its first female president Sunday. The announcement ended the search for a successor to Lawrence Summers, whose remarks on genetic differences between the sexes sparked controversy. Faust discusses her new role.
Harvard President Lawrence Summers faced intense criticism for remarks he made about the shortage of women in the sciences and engineering at a Jan. 14 closed-door conference.
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