Growthpolicy Exclusives: Interviews with Harvard Faculty on Jobs, Inequality & Preventing the Next Financial Crisis. Link

Growthpolicy Exclusives: Interviews with Harvard Faculty on Jobs, Inequality & Preventing the Next Financial Crisis: * Richard Parker (April 2016) * Jeffrey Frankel (December 2015) * Ricardo Hausmann (December 2015) * Henry Lee (November 2015) * Benjamin Friedman (October 2015) * Richard Zeckhauser (September 2015)

Is Larry Summers A Fan Of Nominal GDP Level Targeting? Lawrence Summers, September 19, 2017, Audio, “You are going to have to listen to my podcast with him to find out the answer. Here is a hint: We spent a portion of the show talking about NGDP level targeting (NGDPLT) and what it would take to actually get it implemented it at the Federal Reserve. So listen to the show to find out Larry’s thoughts on NGDPLT as well as his views on secular stagnation, Fed policy since the crisis, and macroeconomic policymaking in real time. It was a fun interview.Link

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Should You Agitate, Innovate, or Orchestrate? Julie Battilana, September 18, 2017, Opinion, “When Marie Trellu-Kane observed increased fragmentation across social and economic lines in France, and increasing youth unemployment, she could not help but respond. In 1994, along with Lisbeth Shepherd and Anne-Claire Pache, she cofounded Unis-Cité, a nonprofit that launched France’s first youth service program, modeled after City Year in the United States. Still the president of Unis-Cité in 2017, Trellu-Kane recalled, “We were 23 [years old] at the time, so we created the organization that we wished would have existed to satisfy our own desires to act on the problems of exclusion and inequality.Link

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Why Competiition in the Politics Industry is Failing America. Michael Porter, September 2017, Book, “Many Americans are disgusted and concerned about the dysfunction and abysmal results from Washington, D.C., and so are we. However, this paper is not about adding to the depressing national dialog about politics, but about how to change the system by taking action that will work.Link

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Larry Summers on Macroeconomics, Mentorship, and Avoiding Complacency: Conversations with Tyler. Lawrence Summers, September 2017, Video, “The economist, President Emeritus at Harvard University, and former Treasury Secretary joins Tyler to discuss innovation in higher education, Herman Melville, the Fed, Mexico, Russia, China, the Larry Summers production function, philanthropy and Larry’s table tennis adventure in the summer Jewish Olympics.Link

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How aging, inequality and China make the U.S. government likely to get larger. Lawrence Summers, September 12, 2017, Opinion, “Speaking at an event organized by Robert Greenstein, president of the Center for Budget and Policy Priorities, I argued last week that unless our values have changed profoundly in an anti-government direction, the balance of pressures from economic change will lead to an expansion of the federal budget relative to gross domestic product. This was also the conclusion of a paper released by Paul Van de Water of the center. Excellent summaries were provided by Al Hunt and David Leonhardt.” Link

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Donald Trump’s 3% growth plan is only for the 1%. Kenneth Rogoff, September 11, 2017, Opinion, “Donald Trump has boasted that his policies will produce sustained 3%-4% growth for many years to come. His prediction flies in the face of the judgment of many professional forecasters, including on Wall Street and at the Federal Reserve, who expect that the US will be lucky to achieve even 2% growth.Link

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Ethics and the Foundation of Global Justice. Amartya Sen, September 8, 2017, Paper, “Reverend Dr. Martin Luther King, Jr., wrote in his Letter from Birmingham Jail: “Injustice anywhere is a threat to justice everywhere.” That was in April 1963, more than a half-century ago. He had been jailed for his agitation to end injustice against non-white people in his own country, and he would be killed soon after by an assassin who hated him and his vision.Link

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We’re Richer Than We Realize. Martin Feldstein, September 8, 2017, Opinion, “Government statistics paint an excessively grim picture of what is happening to real wages and the growth of real national income. Although most households’ take-home cash has been rising very slowly for decades, their standard of living is increasing more..Link

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