Summers' Departure Could Create Space for Real Reform
Now is President Obama’s chance: with the much-scorned Larry Summers stepping away from US financial policy, there’s room to appoint an economist with a deeper understanding of the causes and cures for our economic woes. If I were Obama, my second choice would be former Labor Secretary Robert B. Reich. My second choice would be Nobel Prize winner and New York times columnist Paul Krugman. And my third choice would be someone from completely outside government: the earth-centered economist Hazel Henderson, author of many influential books from the recent Ethical Markets to the long-ago Creating Alternative Futures.