Summers, Epstein, and Economics

Today we have economics professor Marshall Steinbaum on to talk about the potential fall of Larry Summers due to his association with Jeffrey Epstein, and what it reveals about the culture of the economics profession and policymaking in the Democratic Party.

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Here are the articles mentioned in the discussion:

1. Claudia Sahm’s initial post: “Economics is a Disgrace.”

2. Claudia’s account of the retaliation she faced for that post: “Economics Truly is a Disgrace.”

3. Writeup of the resulting controversy in the Georgetown student newspaper.

4. “Breach of Trust in Hostile Takeovers”— Andrei Shleifer and Summers’s indictment of capitalism.

5. “How Harvard Lost Russia,” a journalistic account of the USAID-Harvard-Shleifer-Summers fraud case.

6. Marshall’s article on what happened in the last decade-plus of Democratic economic policy-making: “A Real Post-Neoliberal Agenda.”

7. Marshall’s recent essay in LPE Blog about antitrust: “Anti-monopolism as an Ideology of the Left.”