The Summer(s) of Our Discontent
Crossposted from New Deal 2.0

Another volley from Marshall Auerback, Senior Fellow at the Roosevelt Institute, and a market analyst and commentator.

Larry Summers’s misguided approach to deficits and surpluses could strangle our long-term vitality.

Virtually every profile on Larry Summers tells us that he is one of the most brilliant economists of his generation, celebrated for having allegedly helped to create the boom of the 1990s. Statistical maven at age 10, the youngest tenured professor at Harvard, chief economist of the World Bank, this is a man whom the French would surely call “un homme serieux”.

http://www.nakedcapitalism.com/2010/07/the-summers-of-our-discontent.html