Economist:Larry Summers

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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."

—Larry Summers, IMF Economic Forum (2013)

On Human Capital in Age of AI

"AI will be the most important general-purpose technology of our era."

—Larry Summers, Bloomberg Interview (2023)

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