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Scott Sumner

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Scott Sumner

I don't believe you (you're a liar)

Dec 30 2014

Scott Sumner

So how's the economy doing this year?

Dec 27 2014

Scott Sumner

The French experiment: Laffer >>>>>>> Piketty

Dec 24 2014

Scott Sumner

Choosing the right tools

Dec 22 2014

Scott Sumner

Markets describe reality; models should explain market reactions

Dec 20 2014

Scott Sumner

Central banks should do their job

Dec 17 2014

Scott Sumner

The ECB: Is it a hopeless case?

Dec 16 2014

Scott Sumner

Speaking of torture . . .

Dec 14 2014

Scott Sumner

John Cochrane on modern macro

Dec 12 2014

Scott Sumner

War on crime? Or war on the poor?

Dec 9 2014

Scott Sumner

Why debates over inflation are pointless

Dec 7 2014

Scott Sumner

What (if anything) can we learn from 1921?

Dec 5 2014

Scott Sumner

Bloggers >>>>>>>>>> Central banks

Dec 4 2014

Scott Sumner

Brad DeLong poses two questions about NGDP targeting

Dec 2 2014

Scott Sumner

The IMF hits a new low

Dec 1 2014

Scott Sumner

Falling oil prices have no implications for global growth. Oil production does

Nov 30 2014

Scott Sumner

Neo-Fisherism converges on market monetarism

Nov 28 2014

Scott Sumner

The Piketty Path to Riches

Nov 27 2014

Scott Sumner

A few thoughts on free banking

Nov 25 2014

Scott Sumner

Why America can't have small government (and China can)

Nov 25 2014

Scott Sumner

The smart against the dumb: The new Cold War

Nov 22 2014

Scott Sumner

Sticky wages and sticky fed funds rates

Nov 18 2014

Scott Sumner

No, low interest rates do not call for more public investment

Nov 16 2014

Scott Sumner

I'm not "the NGDP guy"

Nov 15 2014

Scott Sumner

The silence of the lambs

Nov 15 2014

Scott Sumner

Worse than a crime, it was a blunder: A pragmatic case for honesty

Nov 13 2014

Scott Sumner

The "War on Drugs" and crime rates

Nov 11 2014

Scott Sumner

Is George Selgin defending Keynes on liquidity traps?

Nov 11 2014

Scott Sumner

The problem of population

Nov 9 2014

Scott Sumner

An odd incident in modern liberalism

Nov 8 2014

Scott Sumner

How Europe did a "1937"

Nov 7 2014

Scott Sumner

Low interest rates do not cause low inflation, or high inflation

Nov 5 2014

Scott Sumner

The "it doesn't matter" theories

Nov 4 2014

Scott Sumner

For some strange reason Keynes and Hayek caused the Great Recession

Nov 2 2014

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

Scott Sumner

Flying blind

Sep 30 2014

Scott Sumner

Don't jump to conclusions (markets are smarter than you or I)

Sep 28 2014

Scott Sumner

What kind of Great Stagnation?

Sep 27 2014

Scott Sumner

Is the middle class being "squeezed?"

Sep 26 2014

Scott Sumner

Canadian success

Sep 23 2014

Scott Sumner

The Key to victory: Run against Piketty-nomics

Sep 22 2014

Scott Sumner

There is nothing tautological about market monetarism

Sep 21 2014

Scott Sumner

What's wrong with Hong Kong? (Too much government)

Sep 20 2014

Scott Sumner

Inequality in education

Sep 19 2014

Scott Sumner

Once again, tight money is the Achilles heel of the right

Sep 16 2014

Scott Sumner

Ending slavery made America richer

Sep 13 2014

Scott Sumner

The Closing of the Liberal Mind (pt. 2)

Sep 12 2014

Scott Sumner

Lorenzo on the opponents of neoliberalism

Sep 10 2014

Scott Sumner

The Wall Street Journal must think Milton Friedman was a Keynesian

Sep 9 2014

Scott Sumner

Is deflation bad?

Sep 8 2014

Scott Sumner

Never reason from a wage change

Sep 7 2014

Scott Sumner

Four things I believe

Sep 5 2014

Scott Sumner

Predicting bubbles

Sep 1 2014

Scott Sumner

Intellectual decay

Aug 28 2014

Scott Sumner

Mr. Bernanke vs. the Structuralists

Aug 26 2014

Scott Sumner

Never reason from a bond price change

Aug 24 2014

Scott Sumner

Nominal GDP targeting in developing countries

Aug 23 2014

Scott Sumner

When supply is demand

Aug 19 2014

Scott Sumner

Grade deflation, grade illusion, and academic depressions

Aug 17 2014

Scott Sumner

Never reason from a price change, even in Japan

Aug 15 2014

Scott Sumner

Tyler Cowen on ECB policy

Aug 14 2014

Scott Sumner

Jonathan Chait's bizarre idea of an honest poll

Aug 13 2014

Scott Sumner

The economy is more subtle and complex than you might assume

Aug 11 2014

Scott Sumner

The power of wishful thinking?

Aug 10 2014

Scott Sumner

When the straightforward interpretation seems crazy

Aug 9 2014

Scott Sumner

Charles Cooke's lame dismissal of left wing nerds

Aug 6 2014

Scott Sumner

Economics: Truer than it seems

Aug 4 2014

Scott Sumner

If something can't go on forever, it will

Aug 2 2014

Scott Sumner

Wolfers on the fiscal consensus

Jul 30 2014

Scott Sumner

"Helicopter drops" are a bad idea at any time

Jul 28 2014

Scott Sumner

I feel pain therefore I am (a utilitarian)

Jul 27 2014

Scott Sumner

Nick Rowe on fiscal policy (and reply to Caplan)

Jul 24 2014

Scott Sumner

Beyond left and right

Jul 23 2014

Scott Sumner

A few notes on utilitarianism

Jul 21 2014

Scott Sumner

The wisdom of Cass Sunstein

Jul 19 2014

Scott Sumner

Economics is all about consumption

Jul 18 2014

Scott Sumner

AD: Eleven stages of enlightenment

Jul 17 2014

Scott Sumner

Governments don't create problems, they solve problems

Jul 15 2014

Scott Sumner

Philip Booth on Thomas Piketty

Jul 14 2014

Scott Sumner

There are two kinds of people . . .

Jul 10 2014

Scott Sumner

Why no Kansas miracle?

Jul 7 2014

Scott Sumner

What about Asia?

Jul 3 2014

Scott Sumner

Mr. Krugman's peculiar post

Jul 2 2014

Scott Sumner

When is nominal GDP targeting optimal?

Jun 28 2014

Scott Sumner

Piketty on "merit"

Jun 26 2014

Scott Sumner

Unpersuaded

Jun 23 2014

Scott Sumner

The Fed at 100: A century of procyclical policy

Jun 20 2014

Scott Sumner

What does 1933-80 tell us about banking regulation?

Jun 17 2014

Scott Sumner

Fiscally inefficient monetary policy

Jun 13 2014

Scott Sumner

Never reason from an interest rate change

Jun 11 2014

Scott Sumner

Liberalism unbound: Free lunch and dinner--all you can eat!

Jun 10 2014

Scott Sumner

Obama is to the right of Texas on pot legalization

Jun 7 2014

Scott Sumner

The First Fundamental Law of Capitalism

Jun 6 2014

Scott Sumner

Private affluence, public squalor, high taxes

Jun 4 2014

Scott Sumner

Piketty on Kuznets

Jun 2 2014

Scott Sumner

Can we have confidence in our opinions on immigration?

May 30 2014

Scott Sumner

Inflation targeting: It's even worse than you thought

May 28 2014

Scott Sumner

The goal of monetary stimulus is to boost saving

May 26 2014

Scott Sumner

Basketball teams compete with each other. Basketball team companies cooperate, as they should.

May 23 2014

Scott Sumner

The middle class is doing fine

May 21 2014

Scott Sumner

Has Medicaid succeeded?

May 18 2014

Scott Sumner

What is monetary policy?

May 16 2014

Scott Sumner

Rational expectations doesn't require smart people

May 14 2014

Scott Sumner

Never debate the impact of a price change

May 13 2014

Scott Sumner

The paradoxes of applying nationalism to immigration

May 11 2014

Scott Sumner

When ideologies change

May 7 2014

Scott Sumner

The economy should be "left alone to sort things out" during a recession

May 5 2014

Scott Sumner

The correct reason to oppose high MTRs

May 2 2014

Scott Sumner

Is it OK to reason from a (aggregate) wage change?

Apr 30 2014

Scott Sumner

A pragmatic view of causation

Apr 26 2014

Scott Sumner

There's only one sensible way to measure economic inequality

Apr 24 2014

Scott Sumner

German success is surprisingly recent

Apr 22 2014

Scott Sumner

Why the EMH is truer than supply and demand

Apr 21 2014

Scott Sumner

Quantum finance

Apr 19 2014

Scott Sumner

Bad news; industrial production is soaring

Apr 17 2014

Scott Sumner

Larry Summers is persuasive

Apr 16 2014

Scott Sumner

Germany's mysterious recovery

Apr 14 2014

Scott Sumner

Inequality among doctors

Apr 10 2014

Scott Sumner

Never reason from an inflation rate change

Apr 7 2014

Scott Sumner

What we are up against

Apr 5 2014

Scott Sumner

Marshall's scissors and the Law of Reflux

Apr 2 2014

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

Scott Sumner

Does happiness cause income?

Feb 27 2014

Scott Sumner

Williamson pulls rank on Yglesias

Feb 26 2014

Scott Sumner

Australia's auto industry collapses as America's booms

Feb 25 2014

Scott Sumner

Was Mishkin the Benjamin Strong of 2008?

Feb 24 2014

Scott Sumner

The Keynesian information bubble

Feb 23 2014

Scott Sumner

The 2008 transcripts: The real issues

Feb 22 2014

Scott Sumner

Bastiat just rolled over in his grave

Feb 18 2014

Scott Sumner

In the 1930s it seemed "obvious" that financial turmoil had caused the Great Depression

Feb 17 2014

Scott Sumner

Questions that have no answer

Feb 15 2014

Scott Sumner

Krugman and Gruber are deeply confused about "voluntary" job losses

Feb 15 2014

Scott Sumner

Never reason from a price change, example #305

Feb 14 2014

Scott Sumner

Immaculate inflation and immaculate growth

Feb 13 2014

Scott Sumner

Why do booms feel good?

Feb 10 2014

Scott Sumner

OK, now I'm really confused (the snake and the peg)

Feb 7 2014

Scott Sumner

The ECB is steering the economy (plus a survey of nautical metaphors)

Feb 4 2014

Scott Sumner

Where the Stress Falls

Feb 2 2014

Scott Sumner

Keynesian confirmation bias

Jan 30 2014

Scott Sumner

Why so glum?

Jan 28 2014

Scott Sumner

Chinese families move from nice neighborhoods to slums, for the schools.

Jan 27 2014

Scott Sumner

NGDP isn't "the economy"

Jan 25 2014

Scott Sumner

Don't expect too much from inflation

Jan 23 2014

Scott Sumner

Imagine there's no economic inequality

Jan 20 2014

Scott Sumner

Eighty years later and the results are the same

Jan 17 2014

Scott Sumner

Why are Keynesians so far-sighted?

Jan 14 2014

Scott Sumner

Do barriers create "bubbles?"

Jan 12 2014

Scott Sumner

Market monetarism in 2013

Jan 10 2014

Scott Sumner

Summers believes we can reduce bubbles with big budget deficits.

Jan 7 2014

Scott Sumner

Another disappointing reaction to The Great Market Monetarist Experiment

Jan 4 2014

Scott Sumner

Keynesianism: It's not just resting

Jan 3 2014

Scott Sumner

Don't follow the money

Jan 1 2014