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Scott Sumner

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Scott Sumner

Laws are for the Little People

Mar 30 2025

Scott Sumner

No, VATs Are NOT Like Export Subsidies

Mar 28 2025

Scott Sumner

Largest tax increase in US history?

Mar 27 2025

Scott Sumner

The New China Shock

Mar 26 2025

Scott Sumner

Pointless Wars

Mar 25 2025

Scott Sumner

Is fiscal policy effective?

Mar 23 2025

Scott Sumner

Why Torsten Sløk was correct

Mar 20 2025

Scott Sumner

Listen to Dallas

Mar 18 2025

Scott Sumner

Corrections are Unhealthy

Mar 16 2025

Scott Sumner

China's Deflation: Made in the USA

Mar 14 2025

Scott Sumner

The NATO debate, one year later

Mar 12 2025

Scott Sumner

Two Excuses

Mar 10 2025

Scott Sumner

Economic Warfare

Mar 8 2025

Scott Sumner

Back to the farm?

Mar 6 2025

Scott Sumner

The Evolution of Sanctions

Mar 4 2025

Scott Sumner

Some Further Thoughts on Housing

Mar 3 2025

Scott Sumner

The Ultimate "Gold Card"

Mar 1 2025

Scott Sumner

The World We've Lost

Mar 31 2024

Scott Sumner

Is the Natural Rate of Unemployment Turning Higher?

Mar 29 2024

Scott Sumner

Higher Taxes or Lower Benefits?

Mar 27 2024

Scott Sumner

Customs Unions and Free Trade Zones

Mar 25 2024

Scott Sumner

Why No Recession (so far)?

Mar 24 2024

Scott Sumner

Money Multipliers on Mars

Mar 22 2024

Scott Sumner

Does Money Buy Happiness?

Mar 20 2024

Scott Sumner

Charter Cities in Kenya

Mar 19 2024

Scott Sumner

Does Taxing Capital Encourage Capital Formation?

Mar 17 2024

Scott Sumner

You Cannot Prioritize Everything

Mar 15 2024

Scott Sumner

Powell is Wrong About Inflation

Mar 14 2024

Scott Sumner

Preserving Canada's Wilderness

Mar 12 2024

Scott Sumner

Two Definitions of Bubbles

Mar 10 2024

Scott Sumner

Expect More Banking Turmoil

Mar 8 2024

Scott Sumner

A Chat with Claude 3

Mar 6 2024

Scott Sumner

American Paranoia

Mar 4 2024

Scott Sumner

China's Two Problems

Mar 2 2024

Scott Sumner

Josh Hendrickson on the (other) alignment problem

Mar 30 2023

Scott Sumner

The return of industrial policies

Mar 28 2023

Scott Sumner

Do banks create money?

Mar 25 2023

Scott Sumner

A tale of two banks

Mar 23 2023

Scott Sumner

The bigger bailout

Mar 22 2023

Scott Sumner

Did the Fed cause the banking crisis?

Mar 20 2023

Scott Sumner

Lyn Alden on Bank Safety

Mar 18 2023

Scott Sumner

The wrong way to think about moral hazard

Mar 15 2023

Scott Sumner

Time inconsistency in bank regulation

Mar 13 2023

Scott Sumner

Promises, promises

Mar 13 2023

Scott Sumner

"Bank management must be investigated"

Mar 11 2023

Scott Sumner

Silver linings from inflation?

Mar 9 2023

Scott Sumner

Strange rebels

Mar 7 2023

Scott Sumner

QE and low inflation are not alternatives

Mar 5 2023

Scott Sumner

Fine for parking?

Mar 2 2023

Scott Sumner

Back to gold?

Mar 31 2022

Scott Sumner

What caused the high inflation?

Mar 29 2022

Scott Sumner

Trust, but verify

Mar 27 2022

Scott Sumner

Like sending a check to Putin

Mar 25 2022

Scott Sumner

Yes, we can "whip inflation now"

Mar 23 2022

Scott Sumner

Why the Fed should hit its target

Mar 21 2022

Scott Sumner

Industrial policy and wish lists

Mar 20 2022

Scott Sumner

Should bank examiners do monetary policy?

Mar 18 2022

Scott Sumner

The Fed abandons average inflation targeting

Mar 16 2022

Scott Sumner

Artificially low rates? Yes, finally.

Mar 15 2022

Scott Sumner

No sanctions without globalization

Mar 14 2022

Scott Sumner

How confident should you be?

Mar 11 2022

Scott Sumner

Don't blame the hippies

Mar 9 2022

Scott Sumner

What Dutch disease?

Mar 7 2022

Scott Sumner

Foreign policy is hard

Mar 5 2022

Scott Sumner

Do you remember 1973?

Mar 4 2022

Scott Sumner

Heading down north, part 2

Mar 2 2022

Scott Sumner

How many people should we produce?

Mar 31 2021

Scott Sumner

The cultural impact of rent control

Mar 29 2021

Scott Sumner

Cancel culture? Internet culture? Human culture?

Mar 27 2021

Scott Sumner

When to blame?

Mar 25 2021

Scott Sumner

Proactive and reactive COVID policies

Mar 23 2021

Scott Sumner

The professor vs. the markets

Mar 22 2021

Scott Sumner

Will the Fed follow its rhetoric or its rule?

Mar 21 2021

Scott Sumner

Did people eat two dinners in the 1970s?

Mar 18 2021

Scott Sumner

How much should we borrow?

Mar 17 2021

Scott Sumner

Internal contradictions in progressivism

Mar 16 2021

Scott Sumner

Suggestions for the Reserve Bank of New Zealand?

Mar 14 2021

Scott Sumner

Who gains under non-price rationing?

Mar 12 2021

Scott Sumner

The old left and cancel culture

Mar 10 2021

Scott Sumner

Why is the UK doing so much better?

Mar 7 2021

Scott Sumner

Information, behavior, and frictions (short course on economics)

Mar 5 2021

Scott Sumner

Can economists be trusted?

Mar 4 2021

Scott Sumner

The COVID confidence man

Mar 2 2021

Scott Sumner

About those "bond vigilantes"

Mar 1 2021

Scott Sumner

Hubris in the West

Mar 31 2020

Scott Sumner

The world is what it is

Mar 29 2020

Scott Sumner

Some misconceptions about wage stickiness

Mar 28 2020

Scott Sumner

A battle fought on a million fronts

Mar 26 2020

Scott Sumner

The white man's disease?

Mar 25 2020

Scott Sumner

Airlines frequently go bankrupt

Mar 24 2020

Scott Sumner

Serendipity: California, the NBA, and the benefits of overreaction

Mar 23 2020

Scott Sumner

The fruits of nationalism

Mar 22 2020

Scott Sumner

Hope springs eternal

Mar 21 2020

Scott Sumner

The case for coercion is weaker than it looks

Mar 20 2020

Scott Sumner

The intuition behind the productivity norm

Mar 19 2020

Scott Sumner

Scott Alexander on Herbert Hoover

Mar 18 2020

Scott Sumner

There's never been a worse time for fiscal stimulus

Mar 17 2020

Scott Sumner

The "d" word

Mar 16 2020

Scott Sumner

The Fed didn't use even 10% of its "ammunition" today

Mar 15 2020

Scott Sumner

Does anyone actually care about monetary and fiscal "ammunition"?

Mar 15 2020

Scott Sumner

Leaders are followers

Mar 14 2020

Scott Sumner

Why are markets so pessimistic?

Mar 12 2020

Scott Sumner

The answer: One week

Mar 11 2020

Scott Sumner

Dishonesty is a core nationalist value, perhaps the core nationalist value

Mar 10 2020

Scott Sumner

Only the Fed can do major "fiscal policy"

Mar 9 2020

Scott Sumner

Oh, so NOW you want our goods

Mar 7 2020

Scott Sumner

The Great Saving Shock of 2020?

Mar 6 2020

Scott Sumner

State capacity in the US and Singapore

Mar 4 2020

Scott Sumner

The weird global coronavirus data

Mar 3 2020

Scott Sumner

Not all NGDP fluctuations are bad

Mar 2 2020

Scott Sumner

Don't count on the government to protect you

Mar 2 2020

Scott Sumner

The NGDP targeting boom

Mar 31 2019

Scott Sumner

Spending must be paid for---but when?

Mar 28 2019

Scott Sumner

Inspector Clouseau is looking for clues

Mar 26 2019

Scott Sumner

Good news on trade

Mar 24 2019

Scott Sumner

Change the culture

Mar 23 2019

Scott Sumner

Cutting rates would not be reversing course

Mar 22 2019

Scott Sumner

Steve Moore for the Fed?

Mar 22 2019

Scott Sumner

Why is the public debt situation in Italy worse than in Japan?

Mar 21 2019

Scott Sumner

How to sell a new idea in macroeconomics

Mar 19 2019

Scott Sumner

Who's afraid of taxing the rich?

Mar 18 2019

Scott Sumner

Why does the Fed oppose narrow banking?

Mar 16 2019

Scott Sumner

Are economics textbooks too expensive?

Mar 14 2019

Scott Sumner

Mankiw on teaching economics

Mar 12 2019

Scott Sumner

Excessive debt doesn't cause inflation

Mar 9 2019

Scott Sumner

In search of monetary equilibrium

Mar 9 2019

Scott Sumner

Three failures (MMT, statism, Keynesianism) and a (monetarist) success

Mar 6 2019

Scott Sumner

America's increasingly incoherent trade policy

Mar 5 2019

Scott Sumner

Global factors don't determine US inflation

Mar 3 2019

Scott Sumner

More MMT follies (Sympathy for Krugman)

Mar 1 2019

Scott Sumner

Why stop at price level targeting?

Mar 30 2018

Scott Sumner

From liberalism to illiberalism

Mar 30 2018

Scott Sumner

How much leverage does America have in trade?

Mar 27 2018

Scott Sumner

Getting out in front of the parade

Mar 25 2018

Scott Sumner

What if Trump wins the China IP dispute?

Mar 22 2018

Scott Sumner

Forza Italia!

Mar 21 2018

Scott Sumner

The West was right about China

Mar 19 2018

Scott Sumner

Coase and Krugman

Mar 17 2018

Scott Sumner

Who are we?

Mar 16 2018

Scott Sumner

Functional capitalism

Mar 14 2018

Scott Sumner

Norway's peculiar decision

Mar 13 2018

Scott Sumner

Japan and market monetarism

Mar 12 2018

Scott Sumner

The letter and the spirit of the law

Mar 11 2018

Scott Sumner

You don't know what you've got till it's gone

Mar 9 2018

Scott Sumner

Two kinds of supply shocks

Mar 7 2018

Scott Sumner

1973: Utopia or dystopia?

Mar 5 2018

Scott Sumner

Imagine not knowing who the President is

Mar 4 2018

Scott Sumner

The new fault lines

Mar 3 2018

Scott Sumner

Trade war? What could go wrong?

Mar 2 2018

Scott Sumner

Two Michigan cities

Mar 31 2017

Scott Sumner

The Great Recession, productivity and productivity growth

Mar 29 2017

Scott Sumner

Stocks did not crash this morning

Mar 27 2017

Scott Sumner

Conservatives better hope that wages and prices are sticky

Mar 25 2017

Scott Sumner

Robert Frost and liberalism

Mar 23 2017

Scott Sumner

Interest on reserves and stock prices in 2008

Mar 21 2017

Scott Sumner

Is a falling population contractionary?

Mar 19 2017

Scott Sumner

Ricardo Reis on price level targeting

Mar 17 2017

Scott Sumner

I'm becoming increasingly worried about AI

Mar 14 2017

Scott Sumner

France's NIRA did just as poorly as America's

Mar 13 2017

Scott Sumner

A dangerous myth about trade deficits

Mar 11 2017

Scott Sumner

Why I favor taxing subsidized goods

Mar 7 2017

Scott Sumner

Initial thoughts on Obamacare 2.0

Mar 7 2017

Scott Sumner

Why not both?

Mar 5 2017

Scott Sumner

Do checks and balances reduce efficiency?

Mar 4 2017

Scott Sumner

Two popular views that can't both be right

Mar 2 2017

Scott Sumner

The (developed) world's 4th longest expansion

Mar 1 2017

Scott Sumner

Lake Wobegon Keynesians

Mar 31 2016

Scott Sumner

A little bit pregnant

Mar 29 2016

Scott Sumner

Bernanke on monetary policy options

Mar 27 2016

Scott Sumner

Don't try to normalize interest rates

Mar 25 2016

Scott Sumner

Does anything matter? (And what would Pascal do?)

Mar 24 2016

Scott Sumner

Don't root for (or against) countries, policies, models, etc.

Mar 22 2016

Scott Sumner

Is economics more "scientific" than science?

Mar 20 2016

Scott Sumner

Socialism is harder than it looks

Mar 18 2016

Scott Sumner

Kocherlakota on the inflation outlook

Mar 17 2016

Scott Sumner

Switzerland's Vollgeld Initiative

Mar 16 2016

Scott Sumner

The media's blind spot: Negative IOR

Mar 15 2016

Scott Sumner

Two dubious ideas

Mar 14 2016

Scott Sumner

Why don't we see big NGDP crashes any longer?

Mar 13 2016

Scott Sumner

The year of thinking dangerously

Mar 10 2016

Scott Sumner

Playing the Trump card: Why do economists enjoy trashing their profession?

Mar 9 2016

Scott Sumner

The Emperor repeatedly forgets his clothes

Mar 7 2016

Scott Sumner

Krugman's confusing argument for more infrastructure spending

Mar 5 2016

Scott Sumner

Is China trade inflationary?

Mar 4 2016

Scott Sumner

Warren Buffett, out of sample

Mar 2 2016

Scott Sumner

Talking about Britain while talking about Singapore

Mar 30 2015

Scott Sumner

What's new since 1982?

Mar 28 2015

Scott Sumner

This Sick Capitalism ®

Mar 25 2015

Scott Sumner

Is Stanley Fischer too complacent?

Mar 24 2015

Scott Sumner

Hard Asia, Soft Europe

Mar 23 2015

Scott Sumner

The Fed: What's the minimum acceptable accountability?

Mar 20 2015

Scott Sumner

Brad DeLong on the "sell by date" of Krugmanomics

Mar 18 2015

Scott Sumner

Will the GOP once again opt for big government?

Mar 17 2015

Scott Sumner

What's the "sell by date" of Krugmanomics?

Mar 16 2015

Scott Sumner

Krugman's dangerous idea (It worked for me too!)

Mar 13 2015

Scott Sumner

Everyone needs to be accountable

Mar 11 2015

Scott Sumner

Two ways of thinking about economics

Mar 9 2015

Scott Sumner

Is the "inequality" issue a cover for something else?

Mar 7 2015

Scott Sumner

The bizarre way economists calculate real income

Mar 4 2015

Scott Sumner

The last New Keynesian left alive

Mar 3 2015

Scott Sumner

How interest rates matter, and how they don't

Mar 1 2015

Scott Sumner

One multiplier to rule them all! (apologies to Nick Rowe)

Mar 31 2014

Scott Sumner

Fracking boom won't create many manufacturing jobs

Mar 29 2014

Scott Sumner

Central banks do not deserve our respect

Mar 27 2014

Scott Sumner

Adding a risk mandate: A 5 bumper shot in billiards?

Mar 26 2014

Scott Sumner

Endless bubbles?

Mar 24 2014

Scott Sumner

Are ZMP workers uneducated or unmotivated?

Mar 22 2014

Scott Sumner

Why we debate the unimportant issues

Mar 20 2014

Scott Sumner

The Legacy of Milton Friedman

Mar 18 2014

Scott Sumner

How the interest rate increase of 2015 caused the Great Recession

Mar 13 2014

Scott Sumner

Economics must be harder than it looks

Mar 11 2014

Scott Sumner

The old rules still apply (What the rest of the profession could learn from Ben Bernanke)

Mar 10 2014

Scott Sumner

Krugman slides deeper into old Keynesianism

Mar 6 2014

Scott Sumner

Unemployment was 9.0% in May 1975, and money was too easy

Mar 6 2014

Scott Sumner

NGDP targeting is not a "fragile" policy

Mar 5 2014

Scott Sumner

Is Abenomics working?

Mar 3 2014

Scott Sumner

The mysterious rise in youth unemployment

Mar 1 2014