The Downfall of Larry Summers Was Long Overdue
Larry Summers has been forced to step back from public life after revelations about his ties to Jeffrey Epstein. His moment of disgrace comes after decades of work promoting economic policies that have had a devastating impact on countless people.

Larry Summers’s fall from grace could serve as a metaphor for our changing times. (Stefan Wermuth / Bloomberg via Getty Images)
Larry Summers, long-time stalwart of Democratic Party economics and academic governance, has been disgraced by the release of emails between himself and Jeffrey Epstein — a correspondence that continued long after Epstein’s conviction for sexual offences with children.
The emails are sleazy and cringe-inducing, with Summers seeking Epstein’s advice on the pursuit of women (one of whom was a student). Summers has been expelled from some roles (including membership of the American Economic Association) and has stepped back from others, including his position as economic advisor at the Center for American Progress, a think tank crafting an agenda for what they hope will be the next Democratic presidency.
The fact that Summers was involved in the center’s work to begin with says a lot. As Jeff Hauser, head of the watchdog Revolving Door Project, puts it: “Larry Summers has an argument for being on the Mt. Rushmore of people responsible for destroying America. Only insane people would seek out the counsel of a man who relies on Jeffrey Epstein for dating advice and Milton Friedman for economic inspiration.”