Great Moments in Economic Thought

In an interview in Spiegel Online, Lawrence Summers, former director of President Obama’s National Economic Council, discusses what he is doing these days and talks about one of the causes of rising inequality in America:

SPIEGEL: You just signed on as a senior advisor to a huge venture capital firm in Silicon Valley. Do you want to spot the next Mark Zuckerberg?

Is it right for Summers to be helping spot the next Mark Zuckerberg–or others with great ideas–if there is no question it will contribute to rising inequality and less progress for average Americans?