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Summers Exits.

Good. Summers was the White House favorite. Obama held him in high regard because of the supposedly good job he did in the dark days of 2009. Along with Tim Geithner – who Obama also sounded out for the Fed – Summers was the primary architect of the Obama administration’s economic policy at the height […]

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Business Schools and Inequailty

You may not be aware of the article that has created quite a storm on the New York Times website. It is about inequality at Harvard Business School and the insidious consequences of the emergence of a “class” system there. Don’t laugh. If HBS is now afflicted by class issues and the social disaster of […]

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A Response to Robert Locke

Robert: I read with interest your comments. I agree in many ways, and with JC Spender’s follow-up. Economics is intensely introspective. It exists within its own world, and were that all no one would care much about its oddities. But that is not the case. Economics plays a crucial role in shaping our lives via […]

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