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Scott Sumner

Affiliation: Bentley University

Scott Sumner has taught economics at Bentley University for the past 27 years.

He earned a BA in economics at Wisconsin and a PhD at University of Chicago.

Professor Sumner's current research topics include monetary policy targets and the Great Depression. His areas of interest are macroeconomics, monetary theory and policy, and history of economic thought.

Professor Sumner has published articles in the Journal of Political Economy, the Journal of Money, Credit and Banking, and the Bulletin of Economic Research.

Visit: TheMoneyIllusion




Scott Sumner's Latest Articles | 403

Europe is in Recession Because ECB Wants It

May 18, 2013| 

I am traveling today, so only have time to complain about some themes I keep coming across when reading the press and speaking to people out in the real world. No... Read »

A Japanese Recovery?

May 16, 2013| 

Japan’s new GDP numbers look a bit puzzling: Japan’s economy expanded the most in a year last quarter as consumer spending and export gains outweighed the weakest... Read »

How the Keynesians Miss the Bigger Picture

May 9, 2013| 

Another day, another data point suggesting a zero fiscal multiplier: The number of Americans filing new claims for unemployment benefits dropped to its lowest level... Read »

Accounting for the German Miracle

May 7, 2013| 

Finally I’ve been getting a flood of German data.  I’ll rely on data from Mark Sadowski, but would also like to thank Johannes Fritz, libertaer, and Martin.... Read »

The German Jobs Miracle

May 6, 2013| 

This is a fairly important post, but it will take me a while to get to the punch line.  I’ve been trying to collect German data, but have not had a lot of success.... Read »

Why Support Universal Health Care if it Doesn’t Improve Health?

May 3, 2013| 

Suppose there had been a futures market in the life expectancy differential between the US and Europe in the year 2030.  Does anyone seriously believe that the... Read »

Rogoff-Reinhart on Monetary Stimulus

May 2, 2013| 

Ken Rogoff and Carmen Reinhart have an excellent new column in the FT: The recent debate about the global economy has taken a distressingly simplistic turn. Actually,... Read »

12 Facts About the Mortgage Market

May 1, 2013| 

Paul Willen recently presented a paper on the housing crisis here at Bentley University.  It might be the best paper I’ve read on the subject.  Since it’s... Read »

The Evans Rule Needs to be Symmetrical

Apr 30, 2013| 

Last December the Fed adopted a so-called “Evans Rule,” which calls for near-zero interest rates (at least) until one of the following two boundaries are hit: Core... Read »

Krugman’s Double Standard

Apr 28, 2013| 

Paul Krugmanhas a new post that fails on every level possible. as Mike Konczal points out, we are in effect getting a test of the market monetarist view right now,... Read »

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