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Larry Summers

Published podcast speaker

Claims
15
Episodes
1
Shows
1
Named items
0

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What Larry said.

3 transcript-backed records

01 / prediction

To take it to some place that’s outside of athletics, where I’ve been very struck, I think the evidence is overwhelming, or at least very strong, in favor of the so-called Flynn Effect, which suggests that all over the world, if you administer any kind of constant IQ test, averages in populations have been getting smarter for a long time.

“To take it to some place that’s outside of athletics, where I’ve been very struck, I think the evidence is overwhelming, or at least very strong, in favor of the so-called Flynn Effect, which suggests that all over the world, if you administer any kind of constant IQ test, averages in populations have been getting smarter for a long time.”
Speaker
Larry Summers
Publisher
Conversations with Tyler

02 / prediction

I think I’d be inclined to say that, if there’s more monopoly, there’s more money going to monopoly firms where there’s a low propensity to spend it, both because the firms don’t invest and because the owners of the firms tend to be rich or endowments that have a low propensity to spend.

“I think I’d be inclined to say that, if there’s more monopoly, there’s more money going to monopoly firms where there’s a low propensity to spend it, both because the firms don’t invest and because the owners of the firms tend to be rich or endowments that have a low propensity to spend.”
Speaker
Larry Summers
Publisher
Conversations with Tyler

03 / prediction

I think a variety of the factors holding down investment — the demographic factor, the fact that you can buy an enormous amount of capital for a very low cost, think about my iPhone — all of that I think operates in the direction of meaning that we’re likely to have this phenomenon of low real interest rates and secular stagnation for quite a long time to come.

“I think a variety of the factors holding down investment — the demographic factor, the fact that you can buy an enormous amount of capital for a very low cost, think about my iPhone — all of that I think operates in the direction of meaning that we’re likely to have this phenomenon of low real interest rates and secular stagnation for quite a long time to come.”
Speaker
Larry Summers
Publisher
Conversations with Tyler
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