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Outside the Box: How Donald Trump profited from the power of presidential primaries

Following the U.K.’s “Brexit” vote to leave the European Union, former U.S. Treasury Secretary and Harvard University President Emeritus Larry Summers had harsh words about the accuracy of political science.

In a commentary piece for the Washington Post, Summers wrote: “After Brexit, Trump, Sanders and the misforecast British and Canadian general elections, it should be clear that the term political science is an oxymoron. Political events cannot be reliably predicted by pollsters, pundits or punters. All three groups should have humility going forward. In particular no one should be confident about the outcome of the U.S. presidential election.”

That’s tough talk from an economist whose discipline didn’t see the 2008 financial crisis coming.

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