Editing Economist:Larry Summers

{{DISPLAYTITLE:Larry Summers}}
= Larry Summers =

== Biography ==
American economist, former US Treasury Secretary and President of Harvard University.

== School of Thought ==
New Keynesian Economics

== Notable Quotes ==

=== On Productivity Paradox in Digital Age ===
"We may be in a period of secular stagnation where saving chronically exceeds investment."<ref name="ref_2013_1">Larry Summers, ''IMF Economic Forum'' (2013)</ref>
=== On Human Capital in Age of AI ===
"AI will be the most important general-purpose technology of our era."<ref name="ref_2023_1">Larry Summers, ''Bloomberg Interview'' (2023)</ref>
=== On AI Governance and Regulation ===
"The central economic issue of our time is the disparity between the rapid pace of technological change and the slow pace of institutional adaptation."<ref name="ref_2023_1">Larry Summers, ''Peterson Institute Speech'' (2023), September 14, 2023</ref>
=== On Deflation and Central Banking ===
"We may have to get used to negative real interest rates."<ref name="ref_2019_1">Larry Summers, ''Financial Times'' (2019), June 4, 2019, "The Global Economy's Slow-Motion Crisis"</ref>
=== On Universal Basic Income and AI ===
"Universal basic income is a surrender to the robots."<ref name="ref_2020_1">Larry Summers, ''Peterson Institute Debate'' (2020), February 13, 2020</ref>

== References ==
<references />

[[Category:Economist]]
[[Category:New Keynesian Economics]]