Navigate: Home Posts by Scott Sumner

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 | 279

Good Deflation/Bad Deflation, Good Inflation/Bad Inflation

Dec 14, 2011| 

I recently attended an economic conference with mostly conservative-leaning economists.  Someone had a paper that mentioned how certain types of deflation can actually... Read »

Two Anecdotes About Unemployment Insurance

Dec 3, 2011| 

Here’s a couple anecdotes I’ve heard about unemployment insurance: A couple years ago a commenter mentioned the following story from someone who ran a hotel... Read »

The Job-Filled Non-Recovery

Dec 2, 2011| 

I used to argue that the whole idea of a jobless recovery was a myth.  We weren’t getting many jobs because the recovery wasn’t occurring.  Growth was close... Read »

Good News! The World’s Central Banks Boosted (Market) Interest Rates

Nov 30, 2011| 

It’s much too little, but not at all too late.  (No such thing as long and variable lags.) This morning there was a sudden jump in (Treasury) interest rates all... Read »

The Myth at the Heart of Internet Austrianism

Nov 29, 2011| 7

This post is not about Austrian economics, a field I know relatively little about.  Rather it is a response to dozens of comments I have received by people who... Read »

The Eurozone Must Not “Move Forward”

Nov 28, 2011| 

Suppose you are headed home and your GPS leads you down a blind alley.  A dead end.  A cul de sac.  What do you do next?  One solution would be to back out and... Read »

Is It 1936 Already?!?!?

Nov 24, 2011| 

Well that didn’t take long.  I have to admit that when I made this prediction eight days ago I didn’t really expect it to happen so fast: The great irony of... Read »

The TSA is Bringing Down One Airliner a Month

Nov 22, 2011| 2

Here is Timothy Taylor commenting on a study of airport security: K. Jack Riley considers “Flight of Fancy? Air Passenger Security Since 9/11.” He has been thinking... Read »

How Macroeconomists Ruined the World Economy

Nov 22, 2011| 

I first became radicalized about 3 years ago when I realized that my fellow economists did not see the seemingly obvious need for greater monetary stimulus.  Here... Read »

It’s the End of the World as We Know It, and Americans Feel Fine

Nov 21, 2011| 3

When I was young, we would be assigned to read books like 1984 in high school.  These were viewed as dystopian novels, as cautionary tales.  We would have the... Read »

« Previous Page — Next Page »

Our Partners: