Post Profile

Fifty years ago

(August 17, 2017 03:52 PM, by Scott Sumner) Fifty years ago, the Red Guards were rampaging through the streets of Beijing. Chairman Mao issued weird, over-the-top statements about the evils of American capitalism. Free markets were seen as exploitation, as a sort of winner-take-all. Meanwhile, the US was... (0 COMMENTS)
read more

See more about: Scott Sumner

Related Posts

Paul Krugman on Greece and Germany

Business & Finance / Economics : EconLog

(July 13, 2015 09:14 PM, by Scott Sumner) The Syriza Party took power in January of this year, and immediately began to issue one inflammatory statement after another, demanding an end to the troika's austerity program. American blo...

Michael Darda on Alan Blinder

Business & Finance / Economics : EconLog

(August 14, 2015 09:53 AM, by Scott Sumner) Alan Blinder once served as Vice Chairman of the Federal Reserve Board, and now has a new piece in the Wall Street Journal. Michael Darda sent me the following email in response: Alan Blin...

Heterodoxy at the AER

Business & Finance / Economics : EconLog

(April 1, 2017 12:33 PM, by Scott Sumner) Years ago I used to enjoy reading Scientific American. Once in and a while, however, they did articles on economics. It was clear that the editors of Scientific American had a very low opini...

More markets please

Business & Finance / Economics : EconLog

(August 11, 2017 10:47 PM, by Scott Sumner) I've devoted much of the past ten years to advocating the creation of a highly liquid nominal GDP prediction market. I believe this sort of market would eventually revolutionize macroecono...

Larry Summers, market monetarist?

Business & Finance / Economics : EconLog

(June 15, 2017 11:45 AM, by Scott Sumner) Not quite there yet, but getting very close. Let's take a look at his new Financial Times piece: Many of my friends have recently issued a statement asserting that the Fed should change its ...


Copyright © 2016 Regator, LLC