What is your outlook?
Lawrence Summers: I think I’m more optimistic than I would have been ten or twenty years ago. I’m more optimistic because I see more lives being made better, more than at any time of the history of the planet. I’m more optimistic because I see the tremendous potential of the United States. I see the resilience of a global economy that has proven more resilient to all kinds of shocks, from Russia’s default, to Mexico’s near default. It’s proven itself more resilient than many would have supposed. I see here at Harvard the tremendous commitment to transcend selfishness on the part of an extraordinarily able group of young people who we assemble. All of that together probably makes me have more optimism – though a worried optimism – than I would have had ten or twenty years ago.
Recorded On: June 13, 2007
Larry Summers sees tremendous potential in America's ability to deal with looming challenges.
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The Oxfam report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency."
- A new report by Oxfam argues that wealth inequality is causing poverty and misery around the world.
- In the last year, the world's billionaires saw their wealth increase by 12%, while the poorest 3.8 billion people on the planet lost 11% of their wealth.
- The report prompted Anand Giridharadas to tweet: "Don't be Pinkered into everything's-getting-better complacency." We explain what Steven Pinker's got to do with it.
Moans, groans, and gripes release stress hormones in the brain.
Could you give up complaining for a whole month? That's the crux of this interesting piece by Jessica Hullinger over at Fast Company. Hullinger explores the reasons why humans are so predisposed to griping and why, despite these predispositions, we should all try to complain less. As for no complaining for a month, that was the goal for people enrolled in the Complaint Restraint project.
Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.
- Facebook and Google began as companies with supposedly noble purposes.
- Creating a more connected world and indexing the world's information: what could be better than that?
- But pressure to return value to shareholders came at the expense of their own users.
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