People

Larry Summers

Larry Summers

Formal First Name
Lawrence (Larry)
Nick Name
Larry
Link
Dates
11/30/1954 - present

Larry Summers is one of America’s greatest economists. He has played a major role in solving every major financial crisis for the last two decades. He has been acknowledged as one of the world’s most influential thinkers by Time, Prospect, Foreign Policy, and The Economist magazine, among many others. In his speeches, regular newspaper columns, and public commentary, Summers continues to advance the debate on global and national economic policy.

  • Having served as the 71st Secretary of the Treasury in the Clinton Administration, his tenure coincided with the longest period of sustained economic growth in U.S. history. He is the only Treasury Secretary in the last half-century to have left office with the national budget in surplus. 
  • As former President of Harvard University, his five years of leadership represented a time of major innovation for the university. He focused on equality of opportunity and removing all financial obligations from students with family incomes below $60,000 a year
  • In 1987, Mr. Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation (NSF) and in 1993, he was awarded the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40.