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Why Washington Can’t Quit Listening to Larry Summers


Many people who have served in top government jobs do stick around, commenting favorably on how their former team is doing. Others, like the former Treasury secretaries Timothy F. Geithner and Steven Mnuchin, fade out of the limelight. Few remain as front and center as Mr. Summers, or as apolitical and provocative. “He’s driven toward trying to find out what’s true rather than to give the politically correct answers,” said Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund. “That’s caused him a lot of trouble, but I like it.”There is a logical …

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