And now, from the University of Chicago Institute of Politics and CNN, the Axviles, with your

host, David Axelrod.

In his long and storied career as an economist, as an academic, as an university president,

as a Treasury Secretary and as an economic advisor, Larry Summers has been both an extremely

impactful and sometimes controversial figure.

As we look at the new administration and where our economy is today, and what the state

of the middle classes today, he has some important insights and concerns about where we're

going after this last election.

I visited with Larry Summers at Harvard the other day to talk about all of this and more.

Larry Summers, my old friend and colleague, I always wonder how much one's life is predetermined

and my mom was a journalist and then she went into qualitative research.

She always said she named my sister and me thinking that our names would look good in

buy lines.

And you know, you'd like to think you have free will, but I went into journalism and then

I went into politics and I was heavily into qualitative research.

You know where I'm going here.

You were born into sort of economics royalty.

Your parents were both distinguished economists.

You had relatives, Nobel laureates in economics.

Did you always sense that you were going to follow in that path?

Not always.

Neither of my brothers went into economics.

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