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Scott Sumner

Don't Confuse Supply with Quantity Supplied

Oct 31 2023

Scott Sumner

The death of Li Keqiang

Oct 31 2023

Scott Sumner

Is Currency Forced into Circulation?

Oct 29 2023

Scott Sumner

Commenter Jeff on FAIT

Oct 27 2023

Scott Sumner

Crime and Punishment

Oct 26 2023

Scott Sumner

Demographics are Not Japan's Problem

Oct 23 2023

Scott Sumner

Markets and Zoning

Oct 22 2023

Scott Sumner

Don’t Predict Problems---Prevent Them

Oct 19 2023

Scott Sumner

Competition in the 21st Century

Oct 17 2023

Scott Sumner

Richard Clarida on What Went Wrong

Oct 16 2023

Scott Sumner

Yglesias on Industrial Policy

Oct 12 2023

Scott Sumner

The Elasticity of Supply of Homeless People

Oct 10 2023

Scott Sumner

Regulation Favors the Elites

Oct 8 2023

Scott Sumner

Never Reason from a Quantity Change

Oct 6 2023

Scott Sumner

Taiwan and Montesquieu

Oct 5 2023

Scott Sumner

Some questions for Bloomberg

Oct 3 2023

Scott Sumner

The Zero Sum Death Spiral

Oct 1 2023

Scott Sumner

The libertarian solution

Oct 31 2022

Scott Sumner

Lessons from the Russian gas debacle

Oct 30 2022

Scott Sumner

Persistent inflation is always and everywhere a monetary phenomenon

Oct 27 2022

Scott Sumner

The truth about Trump and Truss

Oct 25 2022

Scott Sumner

Galileo would understand

Oct 23 2022

Scott Sumner

The policy lag puzzle

Oct 21 2022

Scott Sumner

Money to burn?

Oct 19 2022

Scott Sumner

Gradualism turned out to be a mistake

Oct 17 2022

Scott Sumner

Who could have foreseen this?

Oct 15 2022

Scott Sumner

Brad DeLong's 20th century

Oct 13 2022

Scott Sumner

Governments do not stabilize markets

Oct 12 2022

Scott Sumner

Are you certain that the Fed has tightened?

Oct 10 2022

Scott Sumner

Tell the truth (lessons from Iran and Iraq)

Oct 8 2022

Scott Sumner

Better call a rules utilitarian

Oct 6 2022

Scott Sumner

Thoughts on the neoliberal wave

Oct 4 2022

Scott Sumner

People who adhere to cultural norms

Oct 2 2022

Scott Sumner

What should have happened in 2008-09

Oct 30 2021

Scott Sumner

The nominal recovery is now complete

Oct 28 2021

Scott Sumner

What kind of immigrants does the GOP want?

Oct 26 2021

Scott Sumner

How nationalism blinds us

Oct 24 2021

Scott Sumner

Yes, political polarization has gotten much worse

Oct 22 2021

Scott Sumner

Businesses cooperate, politicians compete

Oct 20 2021

Scott Sumner

Does Lloyd Austin understand the purpose of NATO?

Oct 18 2021

Scott Sumner

Will Texas choose to be pro-business or pro-market?

Oct 16 2021

Scott Sumner

An unsung success story

Oct 15 2021

Scott Sumner

Capitalism has a disparate impact

Oct 13 2021

Scott Sumner

Why "tax the rich" isn't working

Oct 11 2021

Scott Sumner

Further thoughts on Washington State

Oct 10 2021

Scott Sumner

When forecasts don't pan out

Oct 9 2021

Scott Sumner

Why weren't we polarized in the past?

Oct 7 2021

Scott Sumner

Some thoughts on modernism

Oct 5 2021

Scott Sumner

Exceptional Washington

Oct 3 2021

Scott Sumner

A dubious record

Oct 1 2021

Scott Sumner

The price of medical ethics (and fiscal stimulus)

Oct 30 2020

Scott Sumner

Arnold Kling on Modigliani-Miller and money

Oct 28 2020

Scott Sumner

Parties become popular by taking unpopular stands

Oct 28 2020

Scott Sumner

(Un)Orthodox economics

Oct 26 2020

Scott Sumner

Look at money!

Oct 25 2020

Scott Sumner

Two important and widely held views have been discredited

Oct 23 2020

Scott Sumner

Is progressivism a scam?

Oct 22 2020

Scott Sumner

If you are not taxing consumption . . .

Oct 20 2020

Scott Sumner

Are rational people weird?

Oct 19 2020

Scott Sumner

All ideologies eventually (seem to) fail

Oct 18 2020

Scott Sumner

Vermont is a safe space

Oct 17 2020

Scott Sumner

When in doubt, don't imprison

Oct 16 2020

Scott Sumner

Do politicians listen to economists?

Oct 13 2020

Scott Sumner

Just how expansionary has the Fed actually been?

Oct 11 2020

Scott Sumner

How soon we forget

Oct 10 2020

Scott Sumner

Trade deficit whack-a-mole

Oct 8 2020

Scott Sumner

Tim Duy on fiscal stimulus

Oct 6 2020

Scott Sumner

Identifying monetary shocks

Oct 6 2020

Scott Sumner

Special treatment for the powerful?

Oct 3 2020

Scott Sumner

This isn't a Keynesian business cycle

Oct 2 2020

Scott Sumner

Do spending caps work?

Oct 31 2019

Scott Sumner

Stall speed and mini-recessions

Oct 29 2019

Scott Sumner

Duflo and Banerjee advocate bigger government

Oct 27 2019

Scott Sumner

Monetary offset is more mainstream than you think

Oct 25 2019

Scott Sumner

Can tariffs have a deflationary impact?

Oct 23 2019

Scott Sumner

Making Canada Great for the first time

Oct 22 2019

Scott Sumner

Will "soak the rich" make Democratic states feel blue?

Oct 21 2019

Scott Sumner

Theory and practice

Oct 19 2019

Scott Sumner

Is the UK about to become Canada?

Oct 16 2019

Scott Sumner

Credibility, predictability, consistency

Oct 14 2019

Scott Sumner

Rational expectations isn't the problem; it's the solution.

Oct 12 2019

Scott Sumner

The complex roots of anti-Asian bigotry

Oct 10 2019

Scott Sumner

Killing two birds with one stone

Oct 8 2019

Scott Sumner

Should presidents make policy?

Oct 7 2019

Scott Sumner

Do the "ends justify the means"?

Oct 4 2019

Scott Sumner

What the Saudi oil shock tells us about monetary policy

Oct 3 2019

Scott Sumner

Everyone's a monetarist (except when it comes to money)

Oct 1 2019

Scott Sumner

The case for European health care

Oct 31 2018

Scott Sumner

Should the Fed pay attention to the stock market?

Oct 29 2018

Scott Sumner

No equity/efficiency trade-off here

Oct 25 2018

Scott Sumner

Fed independence? Compared to what?

Oct 25 2018

Scott Sumner

What wage mystery?

Oct 24 2018

Scott Sumner

A not so happy ending

Oct 23 2018

Scott Sumner

Two questions about commercial real estate lending

Oct 21 2018

Scott Sumner

What's good for big tobacco . . .

Oct 18 2018

Scott Sumner

Pro-business but not pro-market

Oct 16 2018

Scott Sumner

Why recessions are hard to predict

Oct 14 2018

Scott Sumner

Decentralization and international affairs

Oct 11 2018

Scott Sumner

Trade realism

Oct 9 2018

Scott Sumner

Nordhaus and Romer

Oct 8 2018

Scott Sumner

Expansions are getting longer, booms are not (plus Iran deal bonus)

Oct 6 2018

Scott Sumner

The "cringe"

Oct 5 2018

Scott Sumner

Is maximizing "total wages" the right goal?

Oct 4 2018

Scott Sumner

Why a federal minimum wage?

Oct 3 2018

Scott Sumner

YIMBY!

Oct 2 2018

Scott Sumner

Bad policies lead to bad theory

Oct 30 2017

Scott Sumner

Another Fed mistake from 2008

Oct 29 2017

Scott Sumner

401k plans do not "subsidize saving"

Oct 27 2017

Scott Sumner

Do low taxes explain inequality?

Oct 26 2017

Scott Sumner

What can school choice accomplish?

Oct 25 2017

Scott Sumner

The 1987 stock market crash

Oct 23 2017

Scott Sumner

A breath of fresh air from John Cochrane

Oct 21 2017

Scott Sumner

Voters don't hate inflation

Oct 20 2017

Scott Sumner

Central bank infallibility is a core axiom of modern macro

Oct 19 2017

Scott Sumner

Don't assume that irrationality is hard-wired into humans

Oct 18 2017

Scott Sumner

Rethinking Macroeconomics

Oct 16 2017

Scott Sumner

1967 and 2008: Two botched policies

Oct 14 2017

Scott Sumner

Bernanke proposes an inflation/price level hybrid target

Oct 12 2017

Scott Sumner

Evidence for money non-neutrality

Oct 11 2017

Scott Sumner

Congratulations to Richard Thaler

Oct 9 2017

Scott Sumner

Balance of trade data is not what you think

Oct 8 2017

Scott Sumner

Define "efficient"

Oct 6 2017

Scott Sumner

First as tragedy, then as farce

Oct 5 2017

Scott Sumner

Roger Farmer on NGDP futures targeting

Oct 4 2017

Scott Sumner

Milton Friedman wouldn't have been confused

Oct 1 2017

Scott Sumner

The zero bound isn't interest rate pegging

Oct 30 2016

Scott Sumner

Japan refutes old Keynesianism

Oct 29 2016

Scott Sumner

Is the data "rigged"?

Oct 28 2016

Scott Sumner

21st century Vikings

Oct 26 2016

Scott Sumner

Saving cannot go "into" existing assets

Oct 24 2016

Scott Sumner

The WSJ's odd critique of the Fed

Oct 24 2016

Scott Sumner

Two approaches to macroeconomics

Oct 23 2016

Scott Sumner

How the EMH can reduce government spending, taxes, and inequality

Oct 21 2016

Scott Sumner

Is the Fed a firefighter or an arsonist?

Oct 20 2016

Scott Sumner

Global warming phonies

Oct 18 2016

Scott Sumner

Does AD influence AS?

Oct 18 2016

Scott Sumner

Why America can run trade deficits forever

Oct 16 2016

Scott Sumner

Open market operations vs. helicopter drops

Oct 15 2016

Scott Sumner

Why it's hard to give good advice to the Fed

Oct 13 2016

Scott Sumner

Why it's so hard to figure out what central banks are doing

Oct 12 2016

Scott Sumner

Are robots taking our jobs?

Oct 9 2016

Scott Sumner

Americans are becoming increasing supportive of trade and immigration

Oct 7 2016

Scott Sumner

Non-materialistic millennials and the Great Stagnation

Oct 6 2016

Scott Sumner

Brexit: What I got wrong, and what is still uncertain

Oct 4 2016

Scott Sumner

Infrastructure is not fiscal policy

Oct 3 2016

Scott Sumner

In defense of Johnson's brain freeze

Oct 2 2016

Scott Sumner

Look past the labels

Oct 1 2016

Scott Sumner

A theory of house temperatures

Oct 31 2015

Scott Sumner

"In retrospect, that decision was certainly a mistake"

Oct 29 2015

Scott Sumner

Should the Fed raise rates? Will the Fed raise rates?

Oct 27 2015

Scott Sumner

Delaying the crash

Oct 25 2015

Scott Sumner

How I think

Oct 23 2015

Scott Sumner

Japan needs austerity, not fiscal stimulus

Oct 21 2015

Scott Sumner

The libertarian coast

Oct 20 2015

Scott Sumner

Reply to Arnold Kling

Oct 19 2015

Scott Sumner

Bernanke's memoir: First impressions

Oct 18 2015

Scott Sumner

Market monetarism is not (primarily) about NGDP targeting

Oct 17 2015

Scott Sumner

Thanks Texas

Oct 16 2015

Scott Sumner

More really good news

Oct 15 2015

Scott Sumner

Reply to Kevin Drum

Oct 15 2015

Scott Sumner

It's hard to teach a central bank new tricks

Oct 14 2015

Scott Sumner

Market monetarism continues to make progress

Oct 12 2015

Scott Sumner

Arnold Kling on the Fiscal Theory of the Price Level

Oct 10 2015

Scott Sumner

Yes, a strong dollar matters; but why?

Oct 8 2015

Scott Sumner

Everything's endogenous

Oct 7 2015

Scott Sumner

The Fed relies on a model that only works when its policy fails

Oct 5 2015

Scott Sumner

Banks played a major role in the Great Depression

Oct 4 2015

Scott Sumner

When the Fed ignores the market

Oct 3 2015

Scott Sumner

Missing the big picture

Oct 2 2015

Scott Sumner

Supply and demand-side stagnation

Oct 30 2014

Scott Sumner

The ECB has an inflation target. How do the Germans propose they hit it?

Oct 26 2014

Scott Sumner

My naivete about government officials

Oct 25 2014

Scott Sumner

The great sin, the even greater sin, and the enlightened path

Oct 23 2014

Scott Sumner

Did the Bush tax rebates actually work?

Oct 22 2014

Scott Sumner

Nominal GDP is not real (and is really tiny)

Oct 20 2014

Scott Sumner

Housing and poverty

Oct 17 2014

Scott Sumner

It's the economy, stupid

Oct 16 2014

Scott Sumner

You know you're in trouble when even the Italians forget how to inflate

Oct 14 2014

Scott Sumner

No hawks or doves, just owls

Oct 12 2014

Scott Sumner

Economics is symmetrical

Oct 10 2014

Scott Sumner

A certain laxity in word choice

Oct 8 2014

Scott Sumner

Words and meaning (good theft and bad)

Oct 7 2014

Scott Sumner

Currency and lotteries: Is there a free lunch?

Oct 4 2014

Scott Sumner

Still no free lunch

Oct 3 2014