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Scott Sumner

Display by Month

2017

All

All

Scott Sumner

Further thoughts on corporate income taxes

Dec 31 2017

Scott Sumner

Japan doesn't need easier money; the BOJ needs easier money

Dec 29 2017

Scott Sumner

Much ado about very little

Dec 28 2017

Scott Sumner

Is QE effective? (Please don't ask)

Dec 27 2017

Scott Sumner

I wish you a very neoliberal Christmas

Dec 25 2017

Scott Sumner

Is Portugal's drug policy a success?

Dec 23 2017

Scott Sumner

Don't forget about opportunity cost

Dec 22 2017

Scott Sumner

A penny for your thoughts

Dec 20 2017

Scott Sumner

Some comments on tax incidence

Dec 18 2017

Scott Sumner

Three big natural experiments

Dec 15 2017

Scott Sumner

Tyler Cowen and the Four Blind Men

Dec 13 2017

Scott Sumner

What if I didn't favor NGDP targeting?

Dec 10 2017

Scott Sumner

What's my core message?

Dec 7 2017

Scott Sumner

What does it mean to say "The Fed did too much"?

Dec 5 2017

Scott Sumner

Misconceptions about taxes

Dec 4 2017

Scott Sumner

House bill >>>>>>>>> Senate bill

Dec 2 2017

Scott Sumner

All hail Goushi Kataoka!

Dec 1 2017

Scott Sumner

Powell's Senate testimony

Nov 29 2017

Scott Sumner

Murder on the Orient Express

Nov 28 2017

Scott Sumner

Old classical macro plus reallocation

Nov 25 2017

Scott Sumner

Thanksgiving in Tesla Town

Nov 23 2017

Scott Sumner

Ryan Murphy on government effectiveness and growth

Nov 21 2017

Scott Sumner

How much do government workers cost?

Nov 19 2017

Scott Sumner

The third option

Nov 18 2017

Scott Sumner

How should we evaluate Herbert Hoover?

Nov 16 2017

Scott Sumner

Do the right thing

Nov 14 2017

Scott Sumner

Should Fed bond holdings be restricted?

Nov 12 2017

Scott Sumner

News flash: College students come from middle-aged parents

Nov 10 2017

Scott Sumner

David Beckworth interviews Doug Irwin

Nov 8 2017

Scott Sumner

Central banks should have listened to Eliezer Yudkowsky

Nov 7 2017

Scott Sumner

Wait, did Bernie Sanders win the election?

Nov 4 2017

Scott Sumner

Jerome Powell as Fed chair

Nov 2 2017

Scott Sumner

Better than expected, but will it survive?

Nov 2 2017

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

Cultural Philistines and Marxism

Sep 29 2017

Scott Sumner

Modern Art and Occam's Razor

Sep 27 2017

Scott Sumner

The macroeconomic elite is definitely wrong about something

Sep 26 2017

Scott Sumner

America's middle class: 50 years of amazing progress

Sep 24 2017

Scott Sumner

Reply to Bryan on utilitarianism

Sep 23 2017

Scott Sumner

Don't change the forecast; change the policy

Sep 20 2017

Scott Sumner

Beckworth interviews Summers

Sep 19 2017

Scott Sumner

Does prosperity push us to the left?

Sep 17 2017

Scott Sumner

How should we encourage exports? (And should we?)

Sep 15 2017

Scott Sumner

How do we evaluate Robert Shiller's forecast?

Sep 13 2017

Scott Sumner

Macro events (in big economies) don't have micro causes

Sep 9 2017

Scott Sumner

Are most Americans radical libertarians?

Sep 6 2017

Scott Sumner

Larry Summers on the rise of monopoly power

Sep 4 2017

Scott Sumner

The labor market is not a reliable guide to policy

Sep 2 2017

Scott Sumner

How deregulation can improve bank safety

Aug 31 2017

Scott Sumner

The Real Problem was Nominal: Example #259

Aug 30 2017

Scott Sumner

The root causes of natural disasters

Aug 28 2017

Scott Sumner

Precursors of NeoFisherism

Aug 26 2017

Scott Sumner

The Fed can do what King Canute could not

Aug 24 2017

Scott Sumner

Just how political is the Fed?

Aug 23 2017

Scott Sumner

Never say never

Aug 22 2017

Scott Sumner

All That Glitters Is Not Gold: A Parable

Aug 20 2017

Scott Sumner

Fifty years ago

Aug 17 2017

Scott Sumner

Can the left and the right agree on a monetary reform plan?

Aug 16 2017

Scott Sumner

Some thoughts on stock prices and risk of nuclear war

Aug 13 2017

Scott Sumner

Neoliberalism is making the world much more equal

Aug 12 2017

Scott Sumner

More markets please

Aug 11 2017

Scott Sumner

Don't be early in bubble predictions

Aug 9 2017

Scott Sumner

I warned the Swiss that this would happen

Aug 7 2017

Scott Sumner

A note on the "natural" rate of interest

Aug 4 2017

Scott Sumner

Which bus would you take?

Aug 3 2017

Scott Sumner

The economic news is not good

Jul 29 2017

Scott Sumner

Do you really want to include capital gains?

Jul 25 2017

Scott Sumner

Germany is not the problem

Jul 19 2017

Scott Sumner

Sorry, I don't get the joke

Jul 16 2017

Scott Sumner

What Bernanke was up against

Jul 14 2017

Scott Sumner

Liu Xiaobo, RIP

Jul 13 2017

Scott Sumner

Gary Cohn as Fed chair?

Jul 12 2017

Scott Sumner

David Beckworth interviews Steve Horwitz

Jul 10 2017

Scott Sumner

Swift and Stevenson on economics

Jul 9 2017

Scott Sumner

A correction on a previous post on Luddite theories

Jul 8 2017

Scott Sumner

Confused by a price change

Jul 6 2017

Scott Sumner

The Phillips curve doesn't predict inflation

Jul 5 2017

Scott Sumner

Lies, true lies, and statistics

Jul 4 2017

Scott Sumner

How long can the China boom continue?

Jul 3 2017

Scott Sumner

Free trade is on the march

Jul 2 2017

Scott Sumner

My views on monetary economics

Jun 29 2017

Scott Sumner

How should we measure productivity?

Jun 26 2017

Scott Sumner

Nominal exchange rates, real exchange rates and protectionism

Jun 23 2017

Scott Sumner

What's causing the low inflation?

Jun 21 2017

Scott Sumner

Immigration and growth

Jun 19 2017

Scott Sumner

How much did poverty rise under Reagan?

Jun 17 2017

Scott Sumner

Larry Summers, market monetarist?

Jun 15 2017

Scott Sumner

What monopsony power in the labor market looks like

Jun 13 2017

Scott Sumner

The Fed needs a new "theory"

Jun 12 2017

Scott Sumner

Does tribalism breed extremism?

Jun 11 2017

Scott Sumner

The WSJ on the German trade surplus

Jun 9 2017

Scott Sumner

Should declining mobility impact monetary policy?

Jun 7 2017

Scott Sumner

Real and nominal shocks

Jun 5 2017

Scott Sumner

Two new picks for the Fed?

Jun 3 2017

Scott Sumner

American banking: Socialism or laissez-faire?

Jun 2 2017

Scott Sumner

Reasoning from a price change caused the Great Depression

May 31 2017

Scott Sumner

More Ginis please

May 29 2017

Scott Sumner

Saving, cost control, and infrastructure

May 27 2017

Scott Sumner

What if we had a financial crisis without tight money?

May 25 2017

Scott Sumner

"Public opinion" is not what you think

May 24 2017

Scott Sumner

Prediction markets and loss aversion

May 23 2017

Scott Sumner

The new Hypermind NGDP futures market

May 22 2017

Scott Sumner

Wages are the key to the business cycle

May 21 2017

Scott Sumner

Financial crisis or monetary policy failure?

May 19 2017

Scott Sumner

Do robots reduce employment?

May 17 2017

Scott Sumner

What does Greece tell us about the AS/AD model?

May 15 2017

Scott Sumner

Good news on trade?

May 14 2017

Scott Sumner

Avik Roy on GOP health care reform.

May 12 2017

Scott Sumner

Is the Greek public debt actually "unpayable"?

May 10 2017

Scott Sumner

Is history cyclical?

May 8 2017

Scott Sumner

Policy needs to be symmetrical

May 6 2017

Scott Sumner

Don't target unemployment

May 5 2017

Scott Sumner

America: A dromedary, not a Bactrian camel

May 3 2017

Scott Sumner

Antiestablishmentarianism

May 1 2017

Scott Sumner

Generals fighting the last war

Apr 30 2017

Scott Sumner

How can there be a shortage of construction workers?

Apr 28 2017

Scott Sumner

Ezra Klein on the Singapore health care miracle

Apr 26 2017

Scott Sumner

Trump and Le Pen

Apr 24 2017

Scott Sumner

Bretton Woods as a "guardrails" approach to monetary policy

Apr 24 2017

Scott Sumner

The "national defense" argument

Apr 21 2017

Scott Sumner

Let them eat quality?

Apr 19 2017

Scott Sumner

Does trade with China cost jobs?

Apr 16 2017

Scott Sumner

Avoid procyclical inflation

Apr 14 2017

Scott Sumner

The public only thinks it likes low inflation

Apr 13 2017

Scott Sumner

What housing supply glut?

Apr 12 2017

Scott Sumner

Murphy and Smith on NGDP and politics

Apr 11 2017

Scott Sumner

Supply and demand both matter

Apr 9 2017

Scott Sumner

Might Trump actually end up promoting liberalism?

Apr 8 2017

Scott Sumner

A little bit of knowledge is a dangerous thing

Apr 7 2017

Scott Sumner

What were the "costs and risks" of QE?

Apr 5 2017

Scott Sumner

Heterodoxy at the AER

Apr 1 2017

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

Don't appoint a bunch of business people to the Fed

Feb 27 2017

Scott Sumner

Monetary offset in the UK?

Feb 25 2017

Scott Sumner

What has Syria ever done for us?

Feb 23 2017

Scott Sumner

A few predictions (Nothing will change)

Feb 22 2017

Scott Sumner

Whither the Ex-Im Bank?

Feb 21 2017

Scott Sumner

Beckworth interviews Eggertsson

Feb 19 2017

Scott Sumner

The lump of labor fallacy

Feb 17 2017

Scott Sumner

The problem is not tight money, it's unstable money

Feb 16 2017

Scott Sumner

How to think about taxes

Feb 15 2017

Scott Sumner

Protectionism is not inflationary

Feb 13 2017

Scott Sumner

Are rising prices, interest rates and exchanges rates a good thing?

Feb 10 2017

Scott Sumner

The shocking truth about border tax adjustments

Feb 9 2017

Scott Sumner

Why do so many economists favor fiscal stimulus in Japan?

Feb 8 2017

Scott Sumner

Has President Obama changed the GOP?

Feb 7 2017

Scott Sumner

How to identify shocks

Feb 5 2017

Scott Sumner

Not all macroeconomic problems are recessions

Feb 4 2017

Scott Sumner

Macroeconomics makes progress, one dead prediction at a time

Feb 2 2017

Scott Sumner

Poverty is a far bigger problem than inequality

Jan 30 2017

Scott Sumner

The retaliation begins

Jan 28 2017

Scott Sumner

Puzzled by the border tax

Jan 28 2017

Scott Sumner

When does executive enforcement discretion spill over into lawmaking?

Jan 26 2017

Scott Sumner

How will the rise in nationalism impact the number of countries?

Jan 25 2017

Scott Sumner

Bernanke on monetary offset and monetary policy impotence

Jan 23 2017

Scott Sumner

Arrival: Xi Jinping, Davos man

Jan 22 2017

Scott Sumner

AS/AD: Another suggested interpretation

Jan 21 2017

Scott Sumner

Trumpism in China

Jan 20 2017

Scott Sumner

China trade has been a boon to the US, China, and the world.

Jan 18 2017

Scott Sumner

The peculiar persistence of monetary policy denialism

Jan 16 2017

Scott Sumner

Liquidity traps and stupidity traps

Jan 14 2017

Scott Sumner

Was Obamacare truly evil, or just a missed opportunity?

Jan 13 2017

Scott Sumner

Border tax bleg

Jan 12 2017

Scott Sumner

Monetary offset isn't really a choice, it's built in to policy

Jan 11 2017

Scott Sumner

Deficits always matter

Jan 10 2017

Scott Sumner

Spending on consumption vs. spending on investment

Jan 8 2017

Scott Sumner

Utilitarianism: beyond victims and villains

Jan 4 2017

Scott Sumner

Finland's Universal Basic Income experiment

Jan 2 2017

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