GoodFellows: Conversations from the Hoover Institution

Soft Landing: Larry Summers On Inflation, Debt, And A Looming Recession

Apr 13, 2022

01:09:26

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Episode guests

Larry Summers

Highlights

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Episode notes

Harvard University - Is There a Difference?

01:20

Are You Wrong?

01:08

Higher Education and Distance Education

01:20

The Limits of Diversity in Higher Education

02:37

Introduction

2min

Is There a Soft Landing Here?

3min

The Secret to Being Right

4min

What's the Difference Between the Fed and the Fed?

3min

Do You Think the Fed Will Overdo It?

3min

The Fed's Inflation Targeting Framework Is a Source of Recession Risk

5min

Supply Chain Constraints - Do You Think It Could Get Much Worse?

3min

The Emerging Axis of Resilience

3min

Onshoring

2min

10.

Should the Bidan Administration Just Get Rid of All the Tariffs?

3min

11.

Are You a Fiscal Hawk These Days?

2min

12.

Should One Be Anxious About Interest Rates and the Cost of Debt Service?

2min

13.

I Don't Think We're Going Back to Low, Long Term Rates

2min

14.

Is the Right Way to Understand Why We Have High Real Interest Straits?

3min

15.

The Case for Financial Sanctions

3min

16.

The Dollar Loss Is a Symptom of Our Problems, Not a Cause of Our Problems

3min

17.

Is There Need for Reform of International Monetary Institutions?

4min

18.

Are Universities a Place Where We Can Co Operate?

4min

19.

Higher Education

4min

20.

The Limits of Diversity in Higher Education

3min

21.

Are Professors Protected From Critique From University Administrators?

3min

22.

The American People Kick Out the Electoral Party

3min

23.

How to Get Back to the Constitutional Order

3min

The GoodFellows return to economics this week, coinciding with news of America’s worst inflation in over 40 years. Lawrence Summers, former US Treasury secretary and Harvard University president emeritus, joins Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane to discuss Federal Reserve policy, government spending, and the war in Europe as contributors to America’s economic woes. They also cover the soaring national debt, a possible supply-chain crisis, economic competition with China, plus academic freedom under fire in elite universities.

Recorded April 12, 2022

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