How Summers at Treasury Would Beggar the Republic
"Larry Summers has weathered the storm. He will be president of Harvard for a very long time," a celebrity professor who runs a major center there told me in 2005, as the Harvard Corporation upheld Summers against faculty outraged by his ham-handedness.
Even after new revelations forced Summers' resignation, his defenders insisted he'd been martyred on the altar of political correctness by professorial mandarins who'd hyped up his gross manners, his dressing-down of the African-American scholar Cornel West, and his suggestion that some kind of bell curve favors men over women in the sciences.
But Summers endangered more than political correctness (some of which deserved what he gave it). Dean Baker has explained here better than I ever can how republics falter under Summers' kind of hyper-neo-liberalism. But let me say a bit more about what Barack Obama should know of Summers' civic liabilities before he considers making him Treasury Secretary, a post he held briefly under Bill Clinton.




