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Scott Sumner

Display by Month

2016

All

All

Scott Sumner

Gary Cohn on the Chinese currency

Dec 31 2016

Scott Sumner

Growth, or jobs for Americans?

Dec 30 2016

Scott Sumner

Never reason from an exchange rate change

Dec 28 2016

Scott Sumner

The Texas magnet

Dec 25 2016

Scott Sumner

Economics is held in low repute

Dec 22 2016

Scott Sumner

Did monetary offset cause the Great Recession?

Dec 20 2016

Scott Sumner

India's money shortage

Dec 18 2016

Scott Sumner

What do markets tell us about US Presidents?

Dec 17 2016

Scott Sumner

Nick Rowe on John Cochrane's Neo-Fisherian model

Dec 15 2016

Scott Sumner

The Fed should now be aiming for below 2% inflation

Dec 14 2016

Scott Sumner

Why Trump's policies will not signficantly boost aggregate demand

Dec 13 2016

Scott Sumner

Automation and trade

Dec 11 2016

Scott Sumner

An open letter to America's CEOs

Dec 10 2016

Scott Sumner

What are the implications of higher interest rates?

Dec 9 2016

Scott Sumner

Europe has a massive and growing trade surplus, and is hemorrhaging manufacturing jobs

Dec 8 2016

Scott Sumner

Automation destroyed 20 million manufacturing jobs

Dec 7 2016

Scott Sumner

What caused the 1974 recession?

Dec 6 2016

Scott Sumner

Should Arthur Burns be rehabilitated?

Dec 6 2016

Scott Sumner

The Carrier scandal

Dec 5 2016

Scott Sumner

Who will save China's rust belt?

Dec 4 2016

Scott Sumner

What kind of inflation hurts the public?

Dec 2 2016

Scott Sumner

Primitive cultures need a dose of utilitarianism

Nov 30 2016

Scott Sumner

Did John Allison just endorse NGDP targeting?

Nov 29 2016

Scott Sumner

Capitalism has a PR problem

Nov 27 2016

Scott Sumner

The third domino?

Nov 23 2016

Scott Sumner

In defense of rational expectations models

Nov 22 2016

Scott Sumner

Janet Yellen confirms much of what I've been saying about fiscal stimulus

Nov 18 2016

Scott Sumner

Dr. Strangelove at the Fed

Nov 16 2016

Scott Sumner

Tyler Cowen on fiscal stimulus

Nov 15 2016

Scott Sumner

Lake Wobegon Keynesianism

Nov 14 2016

Scott Sumner

You always fail . . . until you succeed

Nov 12 2016

Scott Sumner

Implications of Trump for monetary policy?

Nov 10 2016

Scott Sumner

The morning after

Nov 9 2016

Scott Sumner

Final thoughts before the election

Nov 8 2016

Scott Sumner

Should the Fed give workers a raise? No

Nov 6 2016

Scott Sumner

Central bankers: They know not their own strength

Nov 4 2016

Scott Sumner

Legal in some states, life imprisonment in others

Nov 3 2016

Scott Sumner

Are Keynesians trying to bring back the Real Bills Doctrine?

Nov 2 2016

Scott Sumner

Your tactical advice should not reflect your preferred strategy

Nov 1 2016

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

Missing moods at the Boston Globe

Sep 29 2016

Scott Sumner

Who is Peter Navarro?

Sep 27 2016

Scott Sumner

Bernanke on the Bank of Japan

Sep 26 2016

Scott Sumner

Both Barrels Blazing? What would that even look like?

Sep 25 2016

Scott Sumner

Can the economy handle a 20% fiscal contraction (at near zero interest rates?)

Sep 23 2016

Scott Sumner

Democracy: Trust the system, not the leaders

Sep 22 2016

Scott Sumner

The oil price collapse: Tax cut or reallocation?

Sep 21 2016

Scott Sumner

Globalization is not the problem, it's the solution

Sep 20 2016

Scott Sumner

Balance Sheet Anxiety (What almost everyone gets wrong)

Sep 18 2016

Scott Sumner

The Fed is planning for failure

Sep 15 2016

Scott Sumner

The Secret Stimulus: Another fiscal failure?

Sep 13 2016

Scott Sumner

In monetary policy, 8k peaks are easier to climb than 7k peaks

Sep 13 2016

Scott Sumner

Ryan Avent asks some very good questions

Sep 11 2016

Scott Sumner

Brexit is not about Britain, #2

Sep 9 2016

Scott Sumner

My paper at the monetary rules conference

Sep 7 2016

Scott Sumner

How would we know if wages were sticky?

Sep 6 2016

Scott Sumner

The interest rate fallacy

Sep 5 2016

Scott Sumner

Reply to Kocherlakota

Sep 3 2016

Scott Sumner

Brexit uncertainty and Brexit itself

Sep 2 2016

Scott Sumner

What would a principled defense of political correctness look like?

Sep 1 2016

Scott Sumner

Monetary offset: Why is it so difficult to understand?

Aug 30 2016

Scott Sumner

The Monster in the Mirror

Aug 28 2016

Scott Sumner

Low interest rates: They are not easy money, and they're here to stay

Aug 27 2016

Scott Sumner

NGDP targeting in Australia?

Aug 26 2016

Scott Sumner

Tyler Cowen on NGDP targeting

Aug 23 2016

Scott Sumner

Disputes don't get resolved, they get swept under the rug

Aug 20 2016

Scott Sumner

Saving is not a problem

Aug 17 2016

Scott Sumner

The new "voodoo"

Aug 15 2016

Scott Sumner

Why the monetary policy pessimism?

Aug 12 2016

Scott Sumner

Words have fuzzy meanings--that's good

Aug 10 2016

Scott Sumner

Why the new old Keynesians are wrong about trade

Aug 8 2016

Scott Sumner

The Fed is caught in a vise

Aug 6 2016

Scott Sumner

"Fund" and games with fiscal policy

Aug 4 2016

Scott Sumner

I now consider myself to be a Libertarian

Aug 3 2016

Scott Sumner

What if everything doesn't go as expected?

Aug 2 2016

Scott Sumner

The new political divide

Jul 31 2016

Scott Sumner

Reasoning from a price change, example #213

Jul 29 2016

Scott Sumner

Pro and Contra Gauti Eggertsson

Jul 28 2016

Scott Sumner

Tyler Cowen on low interest rates

Jul 27 2016

Scott Sumner

Remorse

Jul 26 2016

Scott Sumner

The Fed's psyche

Jul 23 2016

Scott Sumner

Noah Smith and Zachary David refute the EMH

Jul 21 2016

Scott Sumner

Free, good and happy

Jul 20 2016

Scott Sumner

Uncertain about uncertainty

Jul 19 2016

Scott Sumner

Zachary David on NGDP futures targeting

Jul 18 2016

Scott Sumner

Decentralization in Turkey

Jul 16 2016

Scott Sumner

The costs of inflation and recession

Jul 14 2016

Scott Sumner

The Irish miracle

Jul 13 2016

Scott Sumner

Utilitarianism as a lodestar (Constructive Criticism for Caplan)

Jul 10 2016

Scott Sumner

Efficiency is not just a good idea, it's the only ethical policy

Jul 8 2016

Scott Sumner

Peter Conti-Brown on the Fed

Jul 7 2016

Scott Sumner

The second domino

Jul 6 2016

Scott Sumner

Aggregate demand is not consumption

Jul 4 2016

Scott Sumner

Krugman on monetary offset and China trade

Jul 4 2016

Scott Sumner

Supply and demand: Handle with care

Jul 2 2016

Scott Sumner

It's the end of the world as we know it . . . and the FTSE100 feels fine

Jun 30 2016

Scott Sumner

Could a successful Brexit wreck the eurozone?

Jun 29 2016

Scott Sumner

The pound depreciated by 10%. What does that mean?

Jun 27 2016

Scott Sumner

Sumnerian luck and monetary reform

Jun 25 2016

Scott Sumner

Brexit is not about Britain

Jun 24 2016

Scott Sumner

Bob Murphy reviews The Midas Paradox

Jun 23 2016

Scott Sumner

Was Chernobyl the best thing that ever happened to Europe's environment?

Jun 21 2016

Scott Sumner

Right wing doesn't mean pro-free market

Jun 19 2016

Scott Sumner

Just how influential is the USA?

Jun 17 2016

Scott Sumner

Three ways to do a UBI: None are feasible

Jun 16 2016

Scott Sumner

Neoliberalism: There is no alternative

Jun 15 2016

Scott Sumner

Reply to Jerry O'Driscoll

Jun 12 2016

Scott Sumner

The Left, Greece, and The Big Lie

Jun 11 2016

Scott Sumner

Some initial thoughts on banking reform

Jun 9 2016

Scott Sumner

Does QE reduce the public debt burden?

Jun 8 2016

Scott Sumner

Why are NYT editorials so staggeringly bad?

Jun 6 2016

Scott Sumner

Which direction for macro?

Jun 4 2016

Scott Sumner

Slippery slope? Let's hope so

Jun 3 2016

Scott Sumner

The infrastructure illusion

Jun 1 2016

Scott Sumner

It's hard to raise a lot of tax revenue

May 31 2016

Scott Sumner

Random thoughts on globalization

May 28 2016

Scott Sumner

Why Bryan Caplan almost always wins his bets

May 26 2016

Scott Sumner

You're not special

May 25 2016

Scott Sumner

Why most regulations are harmful

May 23 2016

Scott Sumner

The rich heart of Europe

May 21 2016

Scott Sumner

What do "experts" say about trade?

May 20 2016

Scott Sumner

Did Russia avoid high unemployment with NGDP targeting?

May 18 2016

Scott Sumner

The alt-right's demographic nightmare

May 16 2016

Scott Sumner

Don't solve problems, stop causing them

May 14 2016

Scott Sumner

Hillary Clinton on Fed structure

May 13 2016

Scott Sumner

The invisible hyperinflation monster (it's real)

May 12 2016

Scott Sumner

Was Hawtrey more Keynesian than Keynes?

May 11 2016

Scott Sumner

Two Nobel Prize winners, 18 years apart

May 8 2016

Scott Sumner

Against Brexit

May 6 2016

Scott Sumner

The Keynesian model is not a "big government" model

May 4 2016

Scott Sumner

Lucas on Keynes and "spending flows"

May 3 2016

Scott Sumner

Japan's catastrophic yen-quake

May 2 2016

Scott Sumner

A new study supports The Midas Paradox

Apr 30 2016

Scott Sumner

Once again, the Fed was wrong

Apr 28 2016

Scott Sumner

Does Tesla offer an end run around bad regulations?

Apr 27 2016

Scott Sumner

Economic theory, but only when it's convenient

Apr 26 2016

Scott Sumner

Market monetarism and market macroeconomics

Apr 24 2016

Scott Sumner

Market urbanism in Houston

Apr 23 2016

Scott Sumner

Keep it simple, and pay attention to the key stylized facts

Apr 21 2016

Scott Sumner

It's NGDP growth expectations that matter, not inflation expectations

Apr 20 2016

Scott Sumner

What's the matter with western Virginia?

Apr 19 2016

Scott Sumner

A tale of two city-states

Apr 17 2016

Scott Sumner

Forget forecasting, let's first shoot for nowcasting

Apr 16 2016

Scott Sumner

How government worsened inequality by ignoring the EMH

Apr 15 2016

Scott Sumner

Barbara Anderson, RIP

Apr 14 2016

Scott Sumner

Please don't pay me to research tax loopholes

Apr 13 2016

Scott Sumner

The "cost" of sloppy thinking

Apr 12 2016

Scott Sumner

David Beckworth has a new podcast series

Apr 11 2016

Scott Sumner

Does President Obama have wealth stashed away in one of the world's most secretive tax havens?

Apr 10 2016

Scott Sumner

How to tell if you are a modern progressive

Apr 7 2016

Scott Sumner

Nationalists are not utilitarians

Apr 7 2016

Scott Sumner

The First Great Moderation

Apr 6 2016

Scott Sumner

Grossman on NGDP shocks as policy indicators

Apr 4 2016

Scott Sumner

Extreme outliers: How meaningful are they?

Apr 2 2016

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

Autor, Dorn, and Hanson on the China Shock

Feb 26 2016

Scott Sumner

If you believe in bubbles, then why are you a libertarian?

Feb 25 2016

Scott Sumner

EMH update

Feb 24 2016

Scott Sumner

Congratulations to the Free State Movement

Feb 22 2016

Scott Sumner

Drug overdose deaths: It's not just economics

Feb 19 2016

Scott Sumner

Real and monetary shocks, a numerical example

Feb 18 2016

Scott Sumner

Interest rate pessimism

Feb 16 2016

Scott Sumner

Yudkowsky's insight, Newcomb's Paradox, "air pockets", and long and variable leads

Feb 14 2016

Scott Sumner

Correlation and causation

Feb 12 2016

Scott Sumner

It takes a regime change

Feb 11 2016

Scott Sumner

Does Paul Krugman believe that markets are bilingual?

Feb 10 2016

Scott Sumner

Beckworth and Ponnuru on 2008

Feb 10 2016

Scott Sumner

Storytelling

Feb 7 2016

Scott Sumner

James Bullard on Neo-Fisherian economics

Feb 5 2016

Scott Sumner

Thank God economists cannot predict recessions

Feb 3 2016

Scott Sumner

Why doesn't a move toward easier money always lead to higher long term bond yields?

Feb 1 2016

Scott Sumner

Influence, target, control

Jan 29 2016

Scott Sumner

Some thoughts on utilitarianism and individual rights

Jan 28 2016

Scott Sumner

Paul Krugman on French economic policies

Jan 26 2016

Scott Sumner

Keynesian economics and cognitive illusions

Jan 23 2016

Scott Sumner

Kling and Johnson review The Midas Paradox

Jan 22 2016

Scott Sumner

Larry Summers and asset prices

Jan 21 2016

Scott Sumner

Hey Fed, stop hanging around the Combat Zone

Jan 20 2016

Scott Sumner

Behavioral economists aren't as smart as they think

Jan 18 2016

Scott Sumner

China is rapidly shifting to a service economy

Jan 17 2016

Scott Sumner

Am I an ideologue?

Jan 16 2016

Scott Sumner

We never seem to learn

Jan 15 2016

Scott Sumner

The European right and the GOP

Jan 15 2016

Scott Sumner

China's always been poorly governed

Jan 13 2016

Scott Sumner

Sympathy for the devil?

Jan 11 2016

Scott Sumner

What would an IS shock look like?

Jan 9 2016

Scott Sumner

Passing the buck

Jan 8 2016

Scott Sumner

The China currency mystery

Jan 7 2016

Scott Sumner

Who's afraid of level targeting?

Jan 6 2016

Scott Sumner

The day of reckoning arrives for global socialism

Jan 4 2016

Scott Sumner

NGDP or NGO?

Jan 2 2016

Scott Sumner

Robert Hetzel explains why the real problem was nominal

Jan 1 2016

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