Larry Summers: The Economist Who Helped Me Find My Calling: "Working for [Feldstein], I saw what I had not seen in the classroom: that rigorous and close statistical analysis of data can provide better answers to economic questions, and possibly better lives for millions of people. A doctor can treat a patient. An economist, through research or policy advice, can improve life for a population. Marty was appointed president of the NBER in 1977���a position he held for more than 30 years. The NBER became my professional home and occasionally my literal home as I slept near its computer terminals.... Marty was a magnet for talent.... Marty cared about people���s economic analysis, not their political affiliation. That is why he mentored stars like Jeffrey Sachs and Raj Chetty, who disagreed with him on many questions...
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Published on June 13, 2019 05:51