And The Best Young Economist Is... Lawrence Summers

Economist Lawrence H. Summers may have missed out on the nation's most high-profile economic job--environmentalists scotched his candidacy to chair President Clinton's Council of Economic Advisers--but his professional peers have softened the blow. Next month, the American Economics Assn. will announce that Summers has won the John Bates Clark Medal, awarded biannually to the best economist under age 40.

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