Word: economisters
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...internal memo from the World Bank said to be authored by Summers is leaked to the Economist. The memo, which advocates dumping toxic waste into third world countries, draws fire from environmentalist groups and politicians in Washington...
He’d worked there for almost a decade, first as chief economist at the World Bank and eventually as Bill Clinton’s Treasury Secretary. In that time, Summers had earned a reputation as a politically careless upstart who frequently overstepped his bounds and landed on a lot of toes in the process. His untucked shirts and mismatched socks cast him as something of a Washington outlaw who wasn’t afraid to question his superiors or stir up a little controversy. Early in his political career, Summers had been hailed as a proud wunderkind with...
Back in 1988, the Wall Street Journal was calling Summers “one of the brightest and most versatile economic thinkers in academia,” while a flatteringly extensive 1991 profile in the New York Times called him “the rare economist who is equally at home in the ivory tower of pure theory and the down-and-dirty world of policy...
...first time—quietly stepping into the public eye as an economics advisor to the Michael S. Dukakis presidential campaign. Dukakis lost to George H.W. Bush, of course, but in 1991, Summers nevertheless decided to turn his back on academia and take a job in Washington as chief economist of the World Bank. “Brilliant” and “phenomenal,” the papers called him, and under such generous spotlights, Summers began to develop into a compelling public figure...
...public service–recently adding an appointment to the National Board of Education Sciences to her ever-growing CV. She is even rumored to be on the short list for the American Economic Association’s John Bates Clark Medal, which is given biannually to an economist under 40 and is second only to the Nobel Prize in prestige...