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Scott Sumner

Scott Sumner

Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

Videos by Scott Sumner

A – B – C, Does A imply C? — Scott Sumner

A – B – C, Does A imply C? — Scott Sumner

The basic problem is that people like Sumner or Noah Smith actually believe that there is such a thing as mainstream macro, that is as intelligible, internally consistent, useful and true as say phlogiston or even caloric in physics, both of which led to solid physics, the first of which really does exist. Though I think the MMTers make pedagogical mistakes, don’t put and use some definitions prominently enough. And they know what they know so well that they don’t understand some of the real difficulties of tyros or absences from current literature – most were personally educated by institutional economists who were the very few people in the world who correctly understood and remembered the genuine advances of the Keynesian era. Though all this,

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MMT bleg, one more try — Scott Sumner

MMT bleg, one more try — Scott Sumner

 Scott Sumner is not satisfied with the answers he received. If I were to try to develop a radical new macro theory, I’d try to come up with a way of explaining my new model using the framework of existing models. Actually, I often do that here, translating market monetarism into New Keynesian language. I’m not seeing that with MMT. And it’s not just me. I see other bloggers like Noah Smith, Paul Krugman, Brad DeLong, Nick Rowe, etc., who seem to have an equally hard time trying to figure out what MMTers are claiming. MMTers should understand why we are confused, and have plausible answers. One sign that you are truly on top of an issue is if you can see why others hold a different view, and explain things in their language. Uh, maybe because they

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The Inclusivity Experiment: Inclusive practice with Scott Sumner

The Inclusivity Experiment is an initiative built to challenge conventional ways of thinking about inclusivity and to make ethical and inclusive design easier for everyone. This is part of a series of videos to share methods and practices that you might consider incorporating into your teaching to foster an inclusive culture.

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The Inclusivity Experiment: Inclusive practice with Scott Sumner

The Inclusivity Experiment is an initiative built to challenge conventional ways of thinking about inclusivity and to make ethical and inclusive design easier for everyone.

This is part of a series of videos to share methods and practices that you might consider incorporating into your teaching to foster an inclusive culture.

View more

Blackburn Rovers Trivia Quiz #5 | Mikey Delap v Scott Sumner | Live Stream | Tuesday 19 May

The full replay of our live trivia quiz that took place on Tuesday 19 May, where Mikey Delap took on Scott Sumner.
__________________

📧 CONTACT: [email protected]

🌎 WEBSITE: https://www.roverschat.com

🎥 VIDEO PLAYLISTS:

– The Stats Show: https://www.youtube.com/playlist?list=PLYP9PMJ44veHnnPTl3LEStT1J-IGFHAag
– 1875 Podcast – Season Three: https://www.youtube.com/playlist?list=PLYP9PMJ44veE9xUdkStIkhn-

📱 FOLLOW ROVERS CHAT ON SOCIAL MEDIA:

– Twitter: https://twitter.com/rovers_chat
– Facebook: https://facebook.com/roverschat
– Instagram: https://instagram.com/rovers_chat
– Snapchat: onerovers

🎙 PODCAST:

– Twitter: https://twitter.com/1875Pod
– iTunes: https://podcasts.apple.com/gb/podcast/1875-podcast/id1279071256
– Spotify:

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Blackburn Rovers Trivia Quiz #5 | Mikey Delap v Scott Sumner | Live Stream | Tuesday 19 May

The full replay of our live trivia quiz that took place on Tuesday 19 May, where Mikey Delap took on Scott Sumner. __________________ 📧 CONTACT: [email protected] 🌎 WEBSITE: https://www.roverschat.com 🎥 VIDEO PLAYLISTS: – The Stats Show: https://www.youtube.com/playlist?list=PLYP9PMJ44veHnnPTl3LEStT1J-IGFHAag – 1875 Podcast – Season Three: https://www.youtube.com/playlist?list=PLYP9PMJ44veE9xUdkStIkhn- 📱 FOLLOW ROVERS CHAT ON SOCIAL MEDIA: – Twitter: https://twitter.com/rovers_chat – …

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Scott Sumner Interview May 2020

My second conversation with Scott Sumner on what the federal government, and especially the Fed, should be doing to help the economy during this depression and how we can chart a long-term path to better monetary policy.

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Scott Sumner Interview May 2020

My second conversation with Scott Sumner on what the federal government, and especially the Fed, should be doing to help the economy during this depression and how we can chart a long-term path to better monetary policy.

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Blackburn Rovers Trivia Quiz #3 | Scott Sumner v Glenn Entwistle l Live Stream | Tuesday 7 April

The second half of our live trivia quiz that took place on Tuesday 7 April, where Scott Sumner took on Glenn Entwistle. __________________ 📧 CONTACT: [email protected] 🌎 WEBSITE: https://www.roverschat.com 🎥 VIDEO PLAYLISTS: – The Stats Show: https://www.youtube.com/playlist?list=PLYP9PMJ44veHnnPTl3LEStT1J-IGFHAag – 1875 Podcast – Season Three: https://www.youtube.com/playlist?list=PLYP9PMJ44veE9xUdkStIkhn- 📱 FOLLOW ROVERS CHAT ON SOCIAL MEDIA: – Twitter: https://twitter.com/rovers_chat – …

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Blackburn Rovers Trivia Quiz #3 | Scott Sumner v Glenn Entwistle l Live Stream | Tuesday 7 April

The second half of our live trivia quiz that took place on Tuesday 7 April, where Scott Sumner took on Glenn Entwistle.
__________________

📧 CONTACT: [email protected]

🌎 WEBSITE: https://www.roverschat.com

🎥 VIDEO PLAYLISTS:

– The Stats Show: https://www.youtube.com/playlist?list=PLYP9PMJ44veHnnPTl3LEStT1J-IGFHAag
– 1875 Podcast – Season Three: https://www.youtube.com/playlist?list=PLYP9PMJ44veE9xUdkStIkhn-

📱 FOLLOW ROVERS CHAT ON SOCIAL MEDIA:

– Twitter: https://twitter.com/rovers_chat
– Facebook: https://facebook.com/roverschat
– Instagram: https://instagram.com/rovers_chat
– Snapchat: onerovers

🎙 PODCAST:

– Twitter: https://twitter.com/1875Pod
– iTunes: https://podcasts.apple.com/gb/podcast/1875-podcast/id1279071256
– Spotify:

View more

Blackburn Rovers Trivia Quiz #3 | Scott Sumner v Glenn Entwistle l Live Stream | Tuesday 7 April

The first half of our live trivia quiz that took place on Tuesday 7 April, where Scott Sumner took on Glenn Entwistle.
__________________

📧 CONTACT: [email protected]

🌎 WEBSITE: https://www.roverschat.com

🎥 VIDEO PLAYLISTS:

– The Stats Show: https://www.youtube.com/playlist?list=PLYP9PMJ44veHnnPTl3LEStT1J-IGFHAag
– 1875 Podcast – Season Three: https://www.youtube.com/playlist?list=PLYP9PMJ44veE9xUdkStIkhn-

📱 FOLLOW ROVERS CHAT ON SOCIAL MEDIA:

– Twitter: https://twitter.com/rovers_chat
– Facebook: https://facebook.com/roverschat
– Instagram: https://instagram.com/rovers_chat
– Snapchat: onerovers

🎙 PODCAST:

– Twitter: https://twitter.com/1875Pod
– iTunes: https://podcasts.apple.com/gb/podcast/1875-podcast/id1279071256
– Spotify:

View more

Money and Macroeconomics in a Crisis with Scott Sumner

The Emergent Order Podcast
Episode 22: Scott Sumner

This podcast episode features a long and winding conversation between John Papola and Scott Sumner. Scott is an economist, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, and the author of popular economics blog The Money Illusion.

The two take a deep dive into monetary policy and macroeconomics, framing the conversation with the current state of the COVID-19 outbreak, and the economic aftermath. They begin with the simple question “What is money”, and take a fascinating path to more complex subjects such as interest rates, inflation, and quantitative easing.

More from our guest:

Wikipedia
https://bit.ly/3dPaJIA

The Money Illusion Blog
https://bit.ly/2WZTBtL

Mercatus Center

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Money and Macroeconomics in a Crisis with Scott Sumner

The Emergent Order Podcast Episode 22: Scott Sumner This podcast episode features a long and winding conversation between John Papola and Scott Sumner. Scott is an economist, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, and the author of popular economics blog The Money Illusion. The two …

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Scott Sumner on Interest Rates 4/20/2015

Scott Sumner, of Bentley University talks with EconTalk host Russ Roberts about interest rates. Sumner suggests that professional economists sometimes confuse cause and effect with respect to prices and quantities. Low interest rates need not encourage investment for example, if interest rates are low because of a decrease in demand. Sumner also talk about possible explanations for the historically low real rates of interest in today’s economy along with other aspects of monetary policy, interest rates, and investment. https://www.econtalk.org/scott-sumner-on-interest-rates/

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Scott Sumner on Interest Rates 4/20/2015

Scott Sumner, of Bentley University talks with EconTalk host Russ Roberts about interest rates. Sumner suggests that professional economists sometimes confuse cause and effect with respect to prices and quantities. Low interest rates need not encourage investment for example, if interest rates are low because of a decrease in demand. Sumner also talk about possible …

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