[Sunday's] Washington Post
had a "Spring Cleaning Special" in which ten writers make the case for
something that deserves to be tossed out this spring. On the trash heap
is everything from academic tenure to the White House press corps to
the phrase "Muslim world." I chose to argue for the elimination of
Barack Obama's chief economic adviser, Larry Summers.
My argument is that Summers represents an often overlooked cause of
the global financial crisis: Brain Bubbles (not to be confused with
bubble brains). This is the process wherein the intelligence of an
inarguably intelligent person is inflated and valued beyond all reason,
creating a dangerous accumulation of unhedged risk. Brain Bubbles need
to be popped; Larry Summers needs to be stopped!
You can read the piece here.
The good news is that Washington Post readers seem to
agree. Last I checked, readers were voting to toss out Summers more
than anyone or anything else on the list. So add your voice and vote out Summers here.
You never voted for him anyway. In fact, chances are that you voted
for a presidential candidate promising to reverse the elites-first
economics that Larry Summers -- the ultimate Brain Bubble -- has
championed his entire career.