Politics Frustration Quotes
Summers had been a student and professor at Harvard and then served in the Treasury Department. He then returned to Harvard as its President where he had a very stormy and political tenure. University politics can be particularly difficult and nasty. When President Obama asked Summers to be his Economic Advisor, Summers leapt at the chance to get out of the Harvard conention he as in, thus coming to Washington to “get away” from politics. His two tenures in Washington taught him a great deal about practical economics as opposed to the theoretical economics of Harvard and other universities.