Why Washington Can’t Quit Listening to Larry Summers

A longtime leading man of economics is no longer making America’s policies. He’s still driving a critical conversation around them.

The former Treasury secretary Larry Summers steered debate over President Biden’s $1.9 trillion pandemic relief package by warning of runaway inflation.Credit…David Degner for The New York Times

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By Jeanna Smialek

Larry Summers has split his pandemic time between houses in Massachusetts and Arizona. He also seems to live inside the collective mind of the Washington economic establishment.

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