Rafael Reif

Former president of MIT and electrical engineering professor; discussed the 80-year federal-university research funding partnership and risks from recent policy changes.

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Sep 20, 2025 • 48min

Bitter Pills | Summers on the Fed, Research Funding Fallout, Milei’sTough Policies, UK’s Growth Gamble

Lawrence H. Summers, former U.S. Treasury Secretary, analyzes the Fed's looser monetary policy and the looming risks of inflation. Rafael Reif, former MIT president, highlights the dangers of recent cuts to federal research funding and discusses innovative financing solutions. Juan Pablo Nicolini provides insights into Argentina’s fiscal challenges, emphasizing the political risks of President Javier Milei’s austerity measures. Lastly, local leaders explore investment opportunities in Birmingham, suggesting a shift in the UK’s growth strategy beyond London.

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