The Age of Larry Summers and Jeffrey Epstein
On this episode of The Time of Monsters: Doug Henwood on the famed economist as an embodiment of neoliberalism.

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The famed economist Larry Summers, not for the first time, finds himself the center of a
scandal. He’s had to take a leave from Harvard, where he teaches, because of embarrassing
emails he had with his late friend Jeffrey Epstein.
I talked to economic journalist and Nation contributor Doug Henwood, a long-time Summers
watcher, about the career of this controversial and influential figure. Summers has been one of
the most influential policy makers of his era, serving as Treasury Secretary and President of
Harvard. He has also embodied the major intellectual and political limitations of the ruling class.
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Larry Summers, president emeritus and professor at Harvard University, during an interview in New York on September 17, 2025.
(Victor J. Blue / Bloomberg via Getty Images)The famed economist Larry Summers, not for the first time, finds himself at the center of a scandal. He’s had to take a leave from Harvard, where he teaches, because of embarrassing e-mails he exchanged with his late friend Jeffrey Epstein.
I talked to economic journalist and Nation contributor Doug Henwood, a long-time Summers watcher, about the career of this controversial and influential figure. Summers has been one of the most influential policy makers of his era, serving as treasury secretary and president of Harvard. He has also embodied the major intellectual and political limitations of the ruling class.
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Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
Many of Joe Biden’s closest advisors are now well-ensconced in the sinecures reserved for the elite, working at think tanks, academia, and major media outlets. Normally, they could expect to have future jobs when the Democrats retake the White House. But this cozy situation is being disrupted by ongoing reporting showing the extent of their complicity in the Gaza genocide and other US crimes in the Middle East. I spoke about this with Connor Echols, managing editor of Responsible Statecraft, who wrote an excellent article on the efforts to hold these officials accountable.
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