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NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER. Reporter NATIONAL BUREAU OF ECONOMIC RESEARCH . Reporter OnLine at: 2013 Number 4. The 2013 Martin Feldstein Lecture ECONOMIC Possibilities for Our Children Lawrence H. Summers*. This is the 40th anniversary of the summer when I first met Marty Feldstein and went to work for him. I learned from working under Marty's auspices that empirical economics was a profoundly important thing, that it had the opportunity to illuminate the world in important ways, that it had the opportunity to change people's perspectives as they thought about ECONOMIC problems, and that the successful solution or resolution of eco- nomic problems didn't happen with the immediacy with which a doctor treated a patient, but did touch and affect the lives of hundreds of thou- sands, if not millions, of people. Lawrence H. Summers I learned about how to approach ECONOMIC RESEARCH from watching Marty. There is a central element that has been a part of his approach to IN THIS ISSUE economics, and it has always been a part of mine, both as an economist and a policymaker.

NBERReporter The National Bureau of Economic Research is a private, nonprofit research orga-nization founded in 1920 and devoted to objective quantitative analysis of the

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