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Monday, April 20, 2009

Naomi Klein: Vote Out Larry Summers

Today the Washington Post has 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.

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