Re: [Pen-l] Summers finds (trade union) religion

[Doug Henwood <dhenwood@xxxxxxxxx>]

On Mar 15, 2009, at 1:40 PM, Robert Naiman wrote:

> My recollection is that at some point during the Clinton
> Administration, Rep. Defazio, who was the Congressional champion of a
> financial transactions tax, challenged Summers, who prior to becoming
> a Clinton Administration official had written an academic paper which
> argued in favor of a financial transactions tax, to say whether he had
> changed his view. Larry's answer was, "I read the data differently
> now."

Ha. I quoted that paper on transactions taxes in an unsigned editorial  
for The Nation back in the early 1990s. When the factchecker called  
Larry's office to check out the quotes, he exploded, saying he didn't  
want his academic work being put to frankly political use.

Doug
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