EncyclopediaSummers, Lawrence Henry
Summers, Lawrence Henry, 1954–, U.S. economist and government official, b. New Haven, Conn. Educated at the Massachusetts Institute of Technology (MIT) and Harvard, he taught at MIT and in 1983 became the youngest tenured professor in Harvard's history. He served on the President's Council of Economic Advisors in 1982–83 during the Reagan administration, edited the Quarterly Journal of Economics in 1984–90, and in 1991–93 was chief economist of the World Bank. He left Harvard in 1993 to become under secretary for international affairs in the Treasury Dept. He was deputy secretary under Robert Rubin from 1995 until 1999, when he succeeded Rubin as secretary (1999–2001). Summers became president of Harvard in 2001. His contentious relations with many in the faculty, and a 2005 controversy sparked by his suggestion that the presence of fewer women in upper-level science and math positions was the result of innate differences between men and women, led to his resignation in 2006.
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2007, Columbia University Press. All rights reserved.
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