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The Good Fight

Larry Summers on Harvard’s Showdown With Trump

The Good Fight

Yascha Mounk

News

4.6907 Ratings

🗓️ 19 April 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

Yascha Mounk and Larry Summers also discuss the administration’s tariffs. Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama. In this week’s conversation, Yascha Mounk and Larry Summers discuss why tariffs are so concerning, how Harvard should react to the Trump administration cutting its funding, and whether the Democratic Party can become a credible opposition. Podcast production by Jack Shields and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:27.8

slash setup. And if Harvard, with a 50-plus billion dollar endowment, with all of the prestige and tradition that it represents,

0:41.9

with the unbelievable network of people who have passed through its yard.

0:49.1

If Harvard were to have felt that it couldn't resist, who would have felt that they were in a

0:59.6

position to resist? And so I think that with privilege, with venerability comes an obligation.

1:14.0

And now the good fight with Yasha Monk.

1:23.1

My guest today needs no introduction.

1:26.5

Larry Summers was the Treasury Secretary of the United

1:30.0

States under Bill Clinton, a senior economic advisor of Barack Obama, the president of Harvard

1:37.1

University, and is now one of the board members of Open AI. We talked about all the big things going on in the world, about why the

1:47.6

tariffs that Donald Trump has levied on practically every country in the world, won't just drag down

1:54.8

economic growth, according to Larry, but are now posing a very serious danger of a financial meltdown.

2:02.9

We talked about the recent attacks on Harvard University, where it is that universities went

2:10.2

wrong in losing so much trust in the public, and why it is that the current president of

2:16.3

Harvard University is nevertheless right

2:18.1

to stand up to the demands from the administration.

2:23.2

Finally, in the part reserved for paying subscribers of this podcast,

2:28.1

we talked about how universities can regain the trust of the public,

...

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