February 28, 2006
by William Marina
Two economists were in the news this week, with respect to having been, in effect, fired! One of them, Lawrence Summers, is the President of Harvard University. He is resigning, effective in June, rather than face a long period of nasty confrontation with a part of the faculty. He can, however, salve his wounds with the long-term financial remuneration of a tenured senior professorship, and on the lecture circuit, should he choose not to go into either the business world or return to