Larry Summers is a book waiting to be written.
“I will always be grateful that at a time of great peril for our country, a man of Larry’s brilliance, experience, and judgment was willing to answer the call and lead our economic team,” Obama said in a statement.
Rumors are flying about why Summers is leaving – or whether he is being forced to leave. His short tenure – he assumed office in January 2009 – was rife with controversy. Summers has come under fire for his ties to Wall Street, his aggressive manner in meetings, and his economic-policy arguments.
Indeed, controversy seems to follow Summers wherever he goes. During his tenure as president of Harvard, the blunt-spoken economist sparked national fury when he suggested that the underrepresentation of women in science and engineering careers may be due to a difference in aptitude.
Of course, all that controversy would make for a fascinating memoir. And the signs certainly seem to suggest that a book may be in the works.
Summers said in a statement released by the White House that he was “looking forward to returning to Harvard to teach and write.”
The Atlantic claimed that he was writing a book last year, based on his financial disclosure form, which shows he’s taken an advance for a book.
Richard Bradley has already written a book about Summers’s turbulent years as an Ivy League president, titled "Harvard Rules: Lawrence Summers and the Battle for the World’s Most Powerful University."
What’s next? "White House Rules: Larry Summers and the Battle for the World’s Most Powerful Economy"?
Husna Haq is a frequent Monitor contributor.