Larry Summers on the Politics & Economics of Envy
On with Kara Swisher
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Navigating Economic Challenges
This chapter examines the Federal Reserve's handling of inflation and recent banking crises, notably focusing on Silicon Valley Bank's collapse. The discussion covers the importance of institutional learning, economic forecasting, and the credibility of public officials amidst uncertainties. It also highlights the need for thoughtful regulation, industrial policy, and the societal role of affluent individuals in fostering a more stable economic environment.
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