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Farmer-Rick

(12,582 posts)
15. His misogyny made him a very bad economist
Wed Feb 25, 2026, 01:24 PM
Wednesday

"Economists who don’t see women as equals weaken the very core of their discipline.

Tasked with understanding how people, resources, and institutions interact, they can’t model societies, predict outcomes, or craft effective policy if they don’t accurately perceive half the population. Bias isn’t just a moral failure. It corrupts analysis.

Summers’ comments while president of Harvard suggesting women lack the natural faculties to excel in higher mathematics and science, reveal a deeper flaw: outdated, discriminatory, and intellectually sloppy thinking. (Any lingering doubt about his mindset vanishes when you read his 2017 email to Jeffrey Epstein: “I observed that half of the IQ in world was possessed by women without mentioning they are more than 51 percent of population.” A leap beyond casual sexism, this was a bold assertion of women’s intellectual inferiority)."

https://www.ineteconomics.org/perspectives/blog/5-lessons-from-the-end-of-the-larry-summers-era

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