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  Summers, Lawrence H.
  CANDIDATE DETAILS
AffiliationDemocratic   
NameLawrence H. Summers
Address
Bethesda, Maryland 20816, United States
EmailNone
WebsiteNone
Born November 30, 1954
Died Still Living (71 years)
ContributorClassical Liberal
Last ModifedScott³
Nov 07, 2008 06:14pm
Tags
InfoSignature can be seen on Currency printed with the series 1999.

Lawrence H. Summers was sworn in as the 71st Secretary of the Treasury on July 2, 1999. He was serving as Deputy Secretary of the Treasury, a position he began on August 11, 1995.

As Deputy Secretary, Mr. Summers was the second-highest ranking official at the Treasury Department. In that position, he took a leadership role in the Department's work on international policy issues, tax policy issues, issues relating to the financial system, domestic policy issues and enforcement issues. Mr. Summers also served as the American deputy in the G-7 international economic cooperation process.

From April 5, 1993 to August 10, 1995, Mr. Summers served as Under Secretary of the Treasury for International Affairs. In that position, he had broad responsibility assisting the Secretary of the Treasury in the formulation and execution of international economic policies. He was elected chairman of the Organization for Economic Cooperation and Development's Working Party Three in May 1994.

From 1991 to 1993, Mr. Summers served as Vice President of Development Economics and Chief Economist of the World Bank. As Chief Economist he sat on the Bank's Loan Committee, played a key role in the design of country assistance strategies and had overall responsibility for the Bank's research, statistics and external training programs.

Mr. Summers was Nathaniel Ropes Professor of Political Economy at Harvard University from 1987 until 1993. He was named professor of economics at Harvard in 1983, the youngest tenured professor in the University's history. Mr. Summers has written extensively on economic analysis and policy and is author of Understanding Unemployment, coauthor of Reform in Eastern Europe and he edited the series Tax Policy and the Economy, He has contributed more than 100 articles to professional economic journals and served as editor of the Quarterly Journal of Economics from 1984 to 1990.

In 1993, Mr. Summers was awarded the John Bates Clark Medal given every two years to the outstanding American economist under the age of 40. He was also the first social scientist to receive the National Science Foundation's Alan Waterman Award for outstanding scientific achievement. He is a fellow of the Econometric Society and the American Academy of Arts and Sciences.

Prior to coming to Harvard in 1983, Mr. Summers served as Domestic Policy Economist on the President's Council of Economic Advisers during 1982-1983 and served on the MIT faculty from 1979 to 1982. He received an S.B. degree from MIT in 1975 and a Ph.D. from Harvard in 1982.

Summers was born in New Haven, Connecticut in 1954. He and his wife, Victoria Summers, a tax attorney, have twin daughters and a son.

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JOB APPROVAL POLLS
DateFirmApproveDisapproveDon't Know
12/07/2009-12/12/2009 Clarus Research Group 25.00% (+0.0) 41.00% (+0.0) 34.00% (+0.0)

BOOKS
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NEWS
Date Category Headline Article Contributor
Apr 19, 2009 10:40pm Opinion Why We Should Banish Larry Summers From Public Life  Article Bob Sacamano 
Feb 22, 2005 12:00am News Harvard Chief [Lawerence Summers] Again to Face Angry Faculty Over Remarks  Article Ben 
Feb 22, 2005 12:00am Commentary Truth, heresy and gender politics ensnare Harvard  Article None Entered 

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RACES
  01/20/2009 Director of the National Economic Council Won 100.00% (+100.00%)
  00/00/2000 Harvard University President Won 100.00% (+100.00%)
  07/02/1999 US Secretary of the Treasury Won 97.98% (+95.96%)
  08/11/1995 US Deputy Secretary of the Treasury Won 77.89% (+55.79%)
ENDORSEMENTS
Liberal Party Leader - Mar 09, 2025 LIB Chrystia Freeland
MA Q2: Ranked-Choice Voting - Nov 03, 2020 YES Yes
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