Ex-Treasury Chief Larry Summers Speaking on Economy

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Larry Summers
WILLIAMSTOWN, Mass. — Lawrence H. Summers, former secretary of the Treasury and president emeritus of Harvard University, will lecture on the economy on Thursday, Jan. 12, at 8 p.m. in the MainStage of the '62 Center for Theatre and Dance.

The event is free and open to the public, but tickets are required by contacting 413-597-2425 or 62center.williams.edu.

Over the past two decades, Summers has held a variety of senior policy positions. In his most recent appointment as the director of the National Economic Council for the Obama administration, he has tackled issues ranging from the economic stimulus package to the financial regulatory reform bill.

Summers first arrived in the White House in 1982 as a staff member on the Reagan administration's Council of Economic Advisers. He returned in 1993 for an appointment as undersecretary of the treasury for international affairs in the Clinton administration. In 1999, Summers was named the 71st secretary of the treasury. Between positions at the White House, Summers has served as chief economist for the World Bank, professor and president at Harvard, and a Financial Times columnist.

One of the youngest tenured professors in Harvard's history, Summers is also the first social scientist to receive the Alan T. Waterman Award from the National Science Foundation. He also received the John Bates Clark Medal, awarded every two years to the outstanding American economist under the age of 40. He served as the 27th president of Harvard from 2001 to 2006.


Summers has published more than 150 academic journal articles, and his economic commentary has been featured in The Washington Post, Newsweek, the Financial Times, The Wall Street Journal and the The Boston Globe. His Financial Times column, "The Global Middle Cries Out for Reassurance," focused on the economic issue of making globalization work for the masses.

Summers is the Charles W. Eliot University Professor at Harvard, where he teaches courses in "Crisis Economics" and "The Future of Globalization." Summers received his bachelor's of science from the Massachusetts Institute of Technology in 1975 and his doctorate from Harvard in 1982.

This lecture is sponsored by the Lecture Committee and the Program in Leadership Studies.

Tags: economics,   economy,   federal,   White House,   

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Pittsfield Subcommittee Supports Election Pay, Veterans Parking, Wetland Ordinances

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The Ordinances and Rules subcommittee on Monday unanimously supported a pay raise for election workers, free downtown parking for veterans, and safeguards to better protect wetlands.

Workers will have a $5 bump in hourly pay for municipal, state and federal elections, rising from $10 an hour to $15 for inspectors, $11 to $16 for clerks, and $12 to $17 for wardens.

"This has not been increased in well over a decade," City Clerk Michele Benjamin told the subcommittee, saying the rate has been the same throughout the past 14 years she has been in the office.

She originally proposed raises to $13, $14 and $15 per hour, respectively, but after researching other communities, landed on the numbers that she believes the workers "wholeheartedly deserve."

Councilor at Large Kathy Amuso agreed.

"I see over decades some of the same people and obviously they're not doing it for the money," she said. "So I appreciate you looking at this and saying this is important even though I still think it's a low wage but at least it's making some adjustments."

The city has 14 wardens, 14 clerks, and 56 inspectors. This will add about $3,500 to the departmental budget for the local election and about $5,900 for state elections because they start an hour earlier and sometimes take more time because of absentee ballots.

Workers are estimated to work 13 hours for local elections and 14 hours for state and federal elections.

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