Larry Summers: On the Economic Outlook, the Case for Public Investment, and the Threat of Inflation

Larry Summers: On the Economic Outlook, the Case for Public Investment, and the Threat of Inflation

How should we think about fiscal stimulus in an era of low interest rates? Is $1.9 trillion too much? Is the proposed relief package sufficiently well targeted? In this Conversation, former Treasury Secretary Lawrence H. Summers shares his analysis of the American economy and the challenges we face. Summers argues for substantial fiscal stimulus but emphasizes the importance of investments in infrastructure that could lay the groundwork for durable economic growth. Summers warns about the dangers of inflation—and especially if the accommodative fiscal and monetary policies of the crisis era become standard practice. Finally, Kristol and Summers discuss the state of higher education and how universities should conceive of their mission today.

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Jaksot(321)

Harvey Mansfield on Rational Control and Liberalism

Harvey Mansfield on Rational Control and Liberalism

What makes Niccolò Machiavelli the founder of modern politics? How did liberal thinkers like Locke, Montesquieu, and the American founders modify Machiavelli’s inventions? How did later thinkers like ...

26 Kesä 55min

Ron Brownstein: What’s Going To Happen in 2026?

Ron Brownstein: What’s Going To Happen in 2026?

“This election looks like a classic collision between the irresistible force and the immovable object. The irresistible force is the elevated share of Americans who disapprove of Trump’s performance a...

11 Kesä 1h 5min

Aaron Friedberg on Fallout from the China Summit

Aaron Friedberg on Fallout from the China Summit

“China is aiming to enhance its power with respect to the United States in particular, and eventually to emerge as the dominant player in the international system, and it’s working towards that goal…....

20 Touko 48min

Phillips O’Brien on Ukraine v. Russia and the Future of Warfare

Phillips O’Brien on Ukraine v. Russia and the Future of Warfare

“The Ukrainians believe Putin’s now being faced with more dilemmas than they are.” So argues the distinguished historian and a leading analyst of the Ukraine War, Phillips O’Brien. Author of the indis...

8 Touko 1h 6min

A.B. Stoddard on Trump’s Psyche—and The Implications for 2028

A.B. Stoddard on Trump’s Psyche—and The Implications for 2028

“This branding binge [Trump] has been on: with everything he’s trying to have put his name on. To build the White House ballroom, the arch in front of Arlington Cemetery. And the war and military adve...

23 Huhti 1h 4min

Mark Blitz on the Enduring Importance of Aristotle

Mark Blitz on the Enduring Importance of Aristotle

“What is human happiness? What is political excellence? What is speech, and rhetoric? It’s always important to remind ourselves of that. But especially when you have artificial intelligence, and all o...

9 Huhti 56min

Aaron Friedberg on the Iran War and the View from Beijing

Aaron Friedberg on the Iran War and the View from Beijing

“It’s hard for me to see how [the war] ends in a way that enhances our position in the world generally—and, in particular, enhances our position with relation to the country that I still think is our ...

19 Maalis 1h 20min

Doug Sosnik on What to Expect in 2026—and Why 2028 Will Be Different

Doug Sosnik on What to Expect in 2026—and Why 2028 Will Be Different

“Whatever happens in 2026, I think no one should take any interpretation of that as a precursor to what’s going to happen in 2028.” So argues Doug Sosnik, former political director for Bill Clinton a...

27 Helmi 1h 12min

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