Larry Goes to La-La Land
This should be interesting: Larry Summers is joining others from the powerbroker class at a retreat hosted by Rupert Murdoch in Los Angeles. Other guests will include Bill Clinton, Al Gore, and Bono. Billy Beane of the Oakland A's will also be there, and there'll be a panel called "Meet the MySpace Generation." (Rupert Murdoch owns MySpace.)
Here's a prediction: The fact that Rupert Murdoch is hosting a panel on the MySpace generation means that MySpace is over. I don't know what will take its place, but the MySpace Generation probably does.
Summers will appear on a panel with Newt Gingrich and William Bratton. The theme: How to reform institutions.
Expect plenty of historical revisionism to go around....
In all seriousness, this is the kind of thing that folks at Harvard should be concerned about. First, Summers has a podium and an audience of extremely influential people to peddle his line about Harvard being afraid to change. Second, why didn't the Corporation restrict Summers' ability to talk about these things? Third, why is Summers even doing it? Could you imagine Derek Bok appearing on such a panel under similar circumstances?