Friday, July 01, 2011

Larry Summers Answers 3 Questions About The Economy On Quora [Business Insider]

Hmm – I’m not seeing Quora on the Andreessen Horowitz portfolio company list, but I wonder if Larry Summers is using RockMelt yet, as part of his experimentation with technology…

Larry Summers has an account on Quora, the online question and answer site founded by Facebook employees, and he's answered a few questions about the economy.

His key points:

-- The U.S. needs to replicate the decision to cut payroll taxes next year, and stimulate demand

-- Japan erred on the side of keeping banks healthy and that's an important lesson for the U.S.

-- Recovery from the real estate bubble will take a long time to wear off

[…]

And in case you were wondering what Larry Summers is doing on Quora, when he was asked why he has an account on the site, he said, "Desire to be part of thoughtful conversation and experimentation with technology. Also friendly with some early users."

Larry Summers Answers 3 Questions About The Economy On Quora

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