Why has the former U.S. Treasury Secretary gone from hyping the United States to breathlessly promoting India?
What a difference a decade or so makes. In the late 1990s, shortly before becoming U.S. Treasury Secretary, Larry Summers was breathlessly hyping the United States. Now, in one of his parting shots as director of the White House National Economic Council, he larded his steady stream of compliments onto India. What does such “ingratio-mania” say about one of America’s most influential policymakers?