Be Informed
Everybody -- and by everybody, I mean a very small percentage of the population, but one that is disproportionately represented in the blogosphere -- is going to be reading Ryan Lizza's lengthy profile of Larry Summers today. You should too. Dean Baker, it should be said, is not impressed.
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Ezra Klein
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October 5, 2009; 11:45 AM ET
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Posted by: sphealey | October 5, 2009 1:48 PM | Report abuse
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Brad DeLong has some discussion about this as well:
http://delong.typepad.com/sdj/2009/10/ryan-lizza-i-think-misinterprets-jim-hines-on-larry-summers.html
The fault line seems to be across those who think Summers is a genius with powers of financial analysis far above those of other human beings (including the vast majority of those working in finance), and those who don't. Personally I have a hard time seeing where Summers' track record supports a claim of genius.
sPh