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S E50: A Conversation with Larry Summers: The Influence of Economic Ideas and the Dangers of Secular Stagnation

Think Like An Economist

CHAPTER

The Importance of Economics in Public Policy

Economics has been stunningly successful as a discipline in influencing public policy. Paul samuelson famously said that, i'll let somebody else be the finance minister of the country if i can write the economic text book for all its future leaders. I hear you on i the great privilege and joy of being an economist, but with that comes a burden. Edoi wat you as one of the chief fire fighters during the asian financial crisis. You've been very vocal again during the pendemic.

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