òòò½Íø

  • Announcement
  • December 2, 2025

Statement from the òòò½Íø

The òòò½Íø (òòò½Íø) has accepted Lawrence H. Summers' voluntary resignation from membership and, pursuant to the òòò½Íø's Policies, Procedures, and Code of Professional Conduct, has imposed a lifetime ban on his membership. In addition, effective immediately, the òòò½Íø has imposed a lifetime prohibition on Mr. Summers' attending, speaking at, or otherwise participating in òòò½Íø-sponsored events or activities, including serving in any editorial or refereeing capacity for òòò½Íø journals. The òòò½Íø condemns Mr. Summers' conduct, as reflected in publicly reported communications, as fundamentally inconsistent with its standards of professional integrity and with the trust placed in mentors within the economics profession. Consistent with longstanding òòò½Íø practices and to protect the integrity and confidentiality of òòò½Íø processes, the òòò½Íø will not comment further on individual matters or the specific considerations underlying this determination.

The òòò½Íø is committed to upholding the highest standards of professional conduct and to fostering a safe, respectful, and inclusive environment for all members of the economics community.  The òòò½Íø affirms its expectation that all members adhere to the òòò½Íø Code of Professional Conduct and the òòò½Íø Policy on Harassment, Discrimination, and Retaliation, and remains dedicated to maintaining professional environments in which economists of all backgrounds can participate fully, and with dignity and respect.