Who Can Replace Larry Summers?

My view: nobody. The Obama administration is going to be weaker as a result of his forthcoming departure.

The job of Assistant to the President for Economic Policy has two components:

Making sure that the President hears and considers the arguments, and makes an informed decision.

Making sure that everybody thinks that the president has heard and considered their arguments, and made an informed decision, and that they are valued and respected members of the team who are being given...