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Scott Sumner

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Scott Sumner

There's no taste for accounting

Dec 30 2015

Scott Sumner

The art of the possible

Dec 28 2015

Scott Sumner

Economists who lack an imagination

Dec 25 2015

Scott Sumner

The Fed doesn't have a magic wand

Dec 24 2015

Scott Sumner

NeoFisherian recessions, with and without the confidence fairy

Dec 22 2015

Scott Sumner

Not all depressions are due to NGDP shortfalls

Dec 19 2015

Scott Sumner

Libertarians have nowhere to turn

Dec 18 2015

Scott Sumner

Everything is back to being the same again

Dec 16 2015

Scott Sumner

Intellectual regress

Dec 15 2015

Scott Sumner

Mood affiliation and the success of BOJ policy

Dec 13 2015

Scott Sumner

NGDP targeting is not "easy money"

Dec 11 2015

Scott Sumner

Word games: Krugman's odd definition of tight money

Dec 8 2015

Scott Sumner

Tim Fernholz on Ted Cruz's monetary policy views

Dec 6 2015

Scott Sumner

Is The Midas Paradox monetarist or anti-monetarist?

Dec 5 2015

Scott Sumner

Paging Frederic Mishkin

Dec 3 2015

Scott Sumner

Paul Krugman on inequality

Dec 3 2015

Scott Sumner

The Midas Paradox

Dec 1 2015

Scott Sumner

The new left

Nov 29 2015

Scott Sumner

Paul Krugman on jobs and GDP

Nov 27 2015

Scott Sumner

Ram on overconfidence

Nov 26 2015

Scott Sumner

Always double check your claims with the AS/AD model

Nov 25 2015

Scott Sumner

The Fed is above the law

Nov 24 2015

Scott Sumner

What if there is no zero bound problem?

Nov 21 2015

Scott Sumner

Wage stickiness as a macro problem

Nov 20 2015

Scott Sumner

Is the Fed beginning to see the light?

Nov 19 2015

Scott Sumner

What does Ted Cruz know that most Ivy League economists don't know?

Nov 17 2015

Scott Sumner

My view of macro

Nov 16 2015

Scott Sumner

The ADA seems to have failed

Nov 14 2015

Scott Sumner

Bernanke on fiscal policy

Nov 13 2015

Scott Sumner

Could Gramm, Leach, Bliley (1999) have prevented the 2008 banking crisis

Nov 11 2015

Scott Sumner

Bernanke's Memoir: Initial impressions confirmed

Nov 9 2015

Scott Sumner

A review of DeLong's review of Bernanke

Nov 7 2015

Scott Sumner

100% money?

Nov 6 2015

Scott Sumner

Arnold Kling on "Sumnernomics"

Nov 4 2015

Scott Sumner

There's nothing natural about the natural rate of interest

Nov 2 2015

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

Please stop talking about banking

Sep 30 2015

Scott Sumner

Concrete steps for Mr. Cochrane

Sep 29 2015

Scott Sumner

About those wacky libertarians

Sep 28 2015

Scott Sumner

Our bizarre system of taxing capital

Sep 26 2015

Scott Sumner

Japan adopts an NGDP target

Sep 25 2015

Scott Sumner

The Wicksellian Natural Rate of Interest

Sep 24 2015

Scott Sumner

Money is fungible

Sep 23 2015

Scott Sumner

Peering through the wrong end of the telescope?

Sep 22 2015

Scott Sumner

The future is soon

Sep 21 2015

Scott Sumner

Central banks target inflation

Sep 20 2015

Scott Sumner

Switzerland

Sep 19 2015

Scott Sumner

Keynesianism and market monetarism

Sep 18 2015

Scott Sumner

What makes you think Li knows the truth?

Sep 17 2015

Scott Sumner

Asking the wrong question

Sep 15 2015

Scott Sumner

Who benefits from a wage subsidy?

Sep 14 2015

Scott Sumner

Did the copper SOE help Chile develop?

Sep 13 2015

Scott Sumner

How the subprime crisis morphed into the Great Recession

Sep 12 2015

Scott Sumner

Does the impact of Keynesian stimulus depend on what we call it?

Sep 10 2015

Scott Sumner

Sticky wage model test: The results are in

Sep 9 2015

Scott Sumner

Does the Fed need guardrails? Should they want guardrails?

Sep 6 2015

Scott Sumner

Do we really want to control health care costs?

Sep 4 2015

Scott Sumner

Is the economy becoming less interest sensitive? And does it matter?

Sep 3 2015

Scott Sumner

Markets are self-aware

Sep 2 2015

Scott Sumner

Pseudo-recessions and actual recessions

Sep 1 2015

Scott Sumner

Tight money leads to lower interest rates

Aug 31 2015

Scott Sumner

Asian immigration will make America more unequal, and that's a good thing

Aug 30 2015

Scott Sumner

Recessions often begin before the thing that caused them occurs

Aug 29 2015

Scott Sumner

Beyond victims and villains

Aug 28 2015

Scott Sumner

Confirmation bias?

Aug 27 2015

Scott Sumner

Does a measly quarter point matter?

Aug 26 2015

Scott Sumner

Why bubbles are so hard to spot

Aug 25 2015

Scott Sumner

How bad government policies make us meaner

Aug 25 2015

Scott Sumner

Kelly Evans on short and long term interest rates

Aug 24 2015

Scott Sumner

It's worse than it looks

Aug 24 2015

Scott Sumner

More on levels vs. growth rates

Aug 21 2015

Scott Sumner

Policy affects levels, not growth rates (except in transition)

Aug 20 2015

Scott Sumner

Is Europe becoming more like the US?

Aug 17 2015

Scott Sumner

Divine coincidence?

Aug 15 2015

Scott Sumner

Michael Darda on Alan Blinder

Aug 14 2015

Scott Sumner

How shall we define 'liberal'?

Aug 13 2015

Scott Sumner

Why are so many currencies suddenly appreciating all over the world?

Aug 12 2015

Scott Sumner

Was China's devaluation a beggar-thy-neighbor policy?

Aug 11 2015

Scott Sumner

Free the yuan

Aug 10 2015

Scott Sumner

Don't apply AD to long run growth/distribution issues

Aug 9 2015

Scott Sumner

Shun the paper, not the person

Aug 8 2015

Scott Sumner

NGDP futures targeting means never having to say you're sorry

Aug 6 2015

Scott Sumner

Dennis Hastert and Colorado pot dealers

Aug 5 2015

Scott Sumner

Is the rise of utilitarianism unstoppable?

Aug 4 2015

Scott Sumner

China: The real problem is nominal

Aug 2 2015

Scott Sumner

An even greater stagnation

Jul 30 2015

Scott Sumner

Predicting failure

Jul 28 2015

Scott Sumner

Race and progressivism

Jul 27 2015

Scott Sumner

Paul Krugman on the minimum wage

Jul 23 2015

Scott Sumner

Government brings out the worst in us

Jul 19 2015

Scott Sumner

Slate.com's overconfidence was entirely predictable

Jul 17 2015

Scott Sumner

Weak currencies don't cause trade surpluses

Jul 16 2015

Scott Sumner

Rashomon at the Financial Times

Jul 14 2015

Scott Sumner

Paul Krugman on Greece and Germany

Jul 13 2015

Scott Sumner

Why is Greece such an economic success?

Jul 11 2015

Scott Sumner

Would NGDP targeting lead to excessive inflation?

Jul 9 2015

Scott Sumner

Britain's new minimum wage: Is there a hidden agenda?

Jul 8 2015

Scott Sumner

Raising rates tightens money, but isn't (necessarily) tight money

Jul 7 2015

Scott Sumner

Greece: What are the markets telling us?

Jul 5 2015

Scott Sumner

Does Germany "care" about Greece more than America "cares" about Puerto Rico?

Jul 3 2015

Scott Sumner

The Fed shouldn't reason from a quantity change

Jul 2 2015

Scott Sumner

Why I'm a supply and demand-sider

Jul 1 2015

Scott Sumner

Macroeconomics in small economies

Jun 30 2015

Scott Sumner

Europe's soft underbelly

Jun 29 2015

Scott Sumner

Why can't we have nice things?

Jun 28 2015

Scott Sumner

1937 and 2013

Jun 26 2015

Scott Sumner

I don't favor an interventionist monetary policy to fix recessions

Jun 24 2015

Scott Sumner

The "other things"

Jun 23 2015

Scott Sumner

A bit freer today than yesterday

Jun 22 2015

Scott Sumner

Japan's 2014 tax increase worked; they should do it again

Jun 21 2015

Scott Sumner

Could a well designed euro have worked?

Jun 20 2015

Scott Sumner

The Democrats move left

Jun 19 2015

Scott Sumner

Russ Roberts vs. Simon Wren-Lewis

Jun 18 2015

Scott Sumner

Kevin Drum's Third Law is wrong

Jun 16 2015

Scott Sumner

Matt Yglesias on environmental impact regulations

Jun 15 2015

Scott Sumner

Voters in successful neoliberal economies have no interest in Pikettynomics

Jun 14 2015

Scott Sumner

Interpersonal utility comparisons are unavoidable

Jun 13 2015

Scott Sumner

How egalitarianism failed Japan

Jun 12 2015

Scott Sumner

Market monetarism in Iceland?

Jun 10 2015

Scott Sumner

Second best policy arguments

Jun 9 2015

Scott Sumner

Peter Pan in Japan

Jun 8 2015

Scott Sumner

The world's three smallest macro models

Jun 7 2015

Scott Sumner

The (white) kids are alright

Jun 6 2015

Scott Sumner

Reply to Austan Goolsbee

Jun 3 2015

Scott Sumner

Larry Summers on NGDP targeting

Jun 3 2015

Scott Sumner

The Fed is not doing its job

Jun 2 2015

Scott Sumner

Why are interest expenses tax deductible?

Jun 1 2015

Scott Sumner

"Forcing" the GOP to accept needles

May 31 2015

Scott Sumner

Looking for AD in all the wrong places

May 31 2015

Scott Sumner

What went wrong in 2008?

May 29 2015

Scott Sumner

Greece and Detroit

May 28 2015

Scott Sumner

Questions that don't get asked very often

May 25 2015

Scott Sumner

Apple's open market purchases

May 22 2015

Scott Sumner

There is no such thing as "global aggregate demand"

May 21 2015

Scott Sumner

A consumption tax is a wealth tax

May 19 2015

Scott Sumner

Shocking data on wealth inequality

May 18 2015

Scott Sumner

Pop macroeconomics in an era of unprecedented non-change

May 16 2015

Scott Sumner

Reallocation and growth

May 14 2015

Scott Sumner

Low hanging fruit and the inequality question

May 13 2015

Scott Sumner

Labor market blues

May 10 2015

Scott Sumner

Markets > Polls > GOP pundits

May 8 2015

Scott Sumner

There's no such thing as public opinion, example #421

May 7 2015

Scott Sumner

How would we know if we won the War on Poverty?

May 6 2015

Scott Sumner

Yes, falling oil prices were like a tax cut

May 4 2015

Scott Sumner

In 1987, the Fed prevented another Great Depression by doing nothing

May 3 2015

Scott Sumner

No, the public doesn't understand comparative advantage (or supply and demand)

May 2 2015

Scott Sumner

More evidence for a Great Stagnation

May 1 2015

Scott Sumner

Robots, committees, or markets?

Apr 30 2015

Scott Sumner

The problem with "shocks"

Apr 29 2015

Scott Sumner

EconTalk Extra

Apr 27 2015

Scott Sumner

Optimal mutual funds in a world of bubbles

Apr 25 2015

Scott Sumner

It's not a beauty pageant

Apr 23 2015

Scott Sumner

What does it mean to suggest that interest rates are "artificially low"?

Apr 21 2015

Scott Sumner

Substitute goods and reasoning from a price change

Apr 20 2015

Scott Sumner

Did the Fed cause the sub-prime boom?

Apr 18 2015

Scott Sumner

Congress sets the goals, the Fed sets the intermediate target

Apr 16 2015

Scott Sumner

Is the Fed allowed to create GDP prediction markets?

Apr 15 2015

Scott Sumner

The wrong way to fix Social Security

Apr 14 2015

Scott Sumner

There is no sticky wage puzzle

Apr 12 2015

Scott Sumner

Don't blame the workers

Apr 11 2015

Scott Sumner

Low interest rates do not call for more investment

Apr 8 2015

Scott Sumner

Using monetary policy to prevent financial instability

Apr 7 2015

Scott Sumner

Germany is "balanced", it's the rest of Europe (and the ECB) that are unbalanced

Apr 4 2015

Scott Sumner

Milton Friedman argued that the Great Depression occurred despite massive QE

Apr 3 2015

Scott Sumner

Is Larry Summers reasoning from a price change?

Apr 1 2015

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

Bryan Caplan's conventional views

Feb 27 2015

Scott Sumner

Mission creep

Feb 26 2015

Scott Sumner

Power is a residual

Feb 25 2015

Scott Sumner

Should America help corrupt officials hide wealth?

Feb 21 2015

Scott Sumner

The housing bubble: Perceptions and reality

Feb 20 2015

Scott Sumner

Inconvenient truths

Feb 18 2015

Scott Sumner

Reasoning from a price change, example #341

Feb 16 2015

Scott Sumner

There's no point in arguing over definitions

Feb 14 2015

Scott Sumner

Have an opinion about string theory? How about macroeconomics?

Feb 13 2015

Scott Sumner

The Wittgenstein test

Feb 11 2015

Scott Sumner

Experiments in a Guaranteed Annual Income

Feb 9 2015

Scott Sumner

Statist policies in China

Feb 7 2015

Scott Sumner

The new jobs figures and macro theory

Feb 6 2015

Scott Sumner

What's so funny?

Feb 3 2015

Scott Sumner

A few thoughts on Greece

Feb 2 2015

Scott Sumner

The CBO's forecast, with and without "austerity"

Jan 30 2015

Scott Sumner

Questions for Keynesians (Show me the data)

Jan 28 2015

Scott Sumner

Stone Age Economics

Jan 27 2015

Scott Sumner

Monetary offset: Reply to my critics

Jan 25 2015

Scott Sumner

The Keynesian shell game

Jan 22 2015

Scott Sumner

Ralph Hawtrey

Jan 20 2015

Scott Sumner

Exchange rate pegs are usually a bad idea

Jan 19 2015

Scott Sumner

Central banking in a negative seignorage world

Jan 18 2015

Scott Sumner

Monetary Policy: The more ambitious your goals the less hard you have to work

Jan 17 2015

Scott Sumner

What's wrong with macro?

Jan 15 2015

Scott Sumner

Reasoning from multiple price changes

Jan 14 2015

Scott Sumner

The implications of zero interest rates for monetary and fiscal stimulus

Jan 13 2015

Scott Sumner

It's all in EC101

Jan 11 2015

Scott Sumner

Simon Wren-Lewis on expansionary austerity

Jan 9 2015

Scott Sumner

Sympathy for the top quintile

Jan 8 2015

Scott Sumner

Are German schoolchildren taught about the 1929-32 deflation?

Jan 7 2015

Scott Sumner

Tax dodging and currency

Jan 7 2015

Scott Sumner

Be skeptical, be very skeptical

Jan 5 2015

Scott Sumner

A penny for our thoughtless society

Jan 2 2015