The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Summers: U.S. market behavior under Trump resembles Argentina's financial distress
“Maybe we're seeing a pattern that really looks, that looks pretty much like the Argentine pattern.”
Summers: Broad tariffs fail to link to sector resilience goals
“I cannot make any linkage between a 10% across the board tariff, a tariff on steel, A tariff on auto, on automobiles, and much of what the rest of the president says, and your very valid objectives.”
Former Harvard President Larry Summers: Time for legacy admissions is over
“Whatever the right way to think about this was, 40 years ago, the time for legacy admissions is over.”
Summers: University campus culture severely restricts open debate and enforces orthodoxy
“Some of that is the speakers who get disinvited, and that's terrible, but much more of it is a culture that there are only certain views you're allowed to have on Questions about identity. That there are only certain quest views you're allowed to have on quest…”
Summers: Canceling Keystone Pipeline and pausing LNG exports were clear mistakes
“Canceling the Keystone Pipeline was a clear mistake. I thought the stopping a variety of things involving liquid natural gas were a clear mistake. So I think the Biden administration's approach to regulation that empowered every NGO with respect to stopping tr…”
Summers: Economic policymakers made bad inflation decisions and persisted too long
“I think people obviously made bad decisions and they kept making them and they made them too long and I was on the other side.”
Summers: US holds a stronger long-term geopolitical position than China
“But I'd rather be playing the hand of the United States than the hand that Xi Jinping is playing, than the hand that India is playing. Certainly than the hand that societies in Asia where they're only going to be half as many people a century from now are play…”
Summers: CHIPS Act is US's boldest move against foreign dependency
“That's the largest, boldest thing the United States has ever done to avoid dependence and in a national security area.”
Summers: Fed should acknowledge huge US deficit complicates macroeconomic policy
“I think the Fed should be recognizing that the extraordinary size of the U.S. Budget deficit And where it is in prospect is gonna complicate the macro policy task and should be more willing to call that out, ah, than it is.”
Summers: Fed regulation should prioritize market values over book value
“I think the Fed on matters relating to financial regulation should be giving more attention to market prices and the market values of assets. And less to a variety of book value regulatory concepts than it tends to emphasize.”
Summers: Early decision college admissions primarily benefit privileged applicants
“It has a lot of good things for most of the people in this room that there exists early decision and early action. But it basically works to help the privileged. And it basically prevents the underprivileged, less privileged, from shopping their financial aid …”