Lawrence Summers

American economist, Secretary of the Treasury, college administrator, and U.S. government official

Lawrence Henry Summers (born November 30, 1954) is an American economist and politician. He was the 71st United States Secretary of the Treasury from 1999 to 2001. He also was the director of the National Economic Council from 2009 to 2010.

Lawrence Summers
Summers in 2018
8th Director of the National Economic Council
In office
January 20, 2009 – January 20, 2011
PresidentBarack Obama
DeputyDiana Farrell
Jason Furman
Preceded byKeith Hennessey
Succeeded byGene Sperling
27th President of Harvard University
In office
July 1, 2001 – June 30, 2006
Preceded byNeil Rudenstine
Succeeded byDerek Bok
71st United States Secretary of the Treasury
In office
July 2, 1999 – January 20, 2001
PresidentBill Clinton
DeputyStuart E. Eizenstat
Preceded byRobert Rubin
Succeeded byPaul H. O'Neill
7th United States Deputy Secretary of the Treasury
In office
August 11, 1995 – July 2, 1999
PresidentBill Clinton
Preceded byFrank N. Newman
Succeeded byStuart E. Eizenstat
Under Secretary of the Treasury for International Affairs
In office
April 5, 1993 – August 11, 1995
PresidentBill Clinton
Preceded byDavid Mulford
Succeeded byMichael Bruno
Chief Economist of the World Bank
In office
January 14, 1991 – January 14, 1993
PresidentBarber Conable
Lewis Thompson Preston
Preceded byStanley Fischer
Succeeded byMichael Bruno
Personal details
Born
Lawrence Henry Summers

(1954-11-30) November 30, 1954 (age 69)
New Haven, Connecticut, U.S.
Political partyDemocratic
Spouse(s)
Victoria Perry
(m. 1984; div. 2003)
(m. 2011)
Children3
EducationMassachusetts Institute of Technology (BS)
Harvard University (MA, PhD)
Signature
Academic career
InstitutionHarvard University
London School of Economics
FieldMacroeconomics
School or
tradition
New Keynesian economics
Doctoral
advisor
Martin Feldstein
Doctoral
students
Alan Krueger, Kiminori Matsuyama, James R. Hines Jr., Rhee Chang-yong
AwardsJohn Bates Clark Medal (1993)
Information at IDEAS / RePEc

Summers was the president of Harvard University from 2001 to 2006.[1]

In November 2023, Summers joined the board of directors of artificial general intelligence company OpenAI.[2]

References

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  1. "Historical Facts", Harvard University, retrieved March 31, 2017
  2. Dastin, Jeffrey; Soni, Aditya (November 22, 2023). "Sam Altman to return as OpenAI CEO after his tumultuous ouster". Reuters.

Other websites

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  Quotations related to Lawrence Summers at Wikiquote   Media related to Lawrence Summers at Wikimedia Commons