Los Angeles World Affairs Council presents The US Economy Over the Next Four Years with Lawrence Summers, Former Treasury Secretary, President of Emeritus of Harvard
Lawrence Summers, former Treasury Secretary under President Clinton, economic adviser to President Obama and President Emeritus of Harvard University, will address the Los Angeles World Affairs Council over lunch on February 7th. Summers is one of the most prominent and oft-quoted economists in the country due to his wealth of experience from working in government, academia and the private sector.
He comes to the Council at the beginning of President Obama’s second term as President, with the United States facing enormous economic challenges to reduce the deficit and control public spending while at the same time encouraging growth and job creation. Internationally the US has to deal with continuing uncertainty in the Eurozone, ever stronger economic competition from China, and persistent concerns about the stability of the entire world financial system.
Summers, who got his bachelors at MIT and his PhD from Harvard, was chief economist at the World Bank before serving as Deputy Secretary and then – from 1999 to 2001 - Secretary of the Treasury under President Clinton. A significant portion of his work at the Treasury concerned international economic issues, including assistance to Mexico and Russia during their respective currency crises. Summers left government in 2001 to serve as President of Harvard, and in 2009 President Obama called him back to head the National Economic Council, a post he held for two years. Currently Charles W. Eliot Professor at Harvard University, Summers will give his trademark combination of penetrating analysis and uninhibited predictions about the US economy and the global financial situation, at a time when most economists have more questions than answers.
For tickets and more info visit www.lawac.org or call (424)258-6160.