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https://www.themoneyillusion.com/2017/08/ TheMoneyIllusion » 2017 » August Pat Horan directed me to this FT piece on India's recent demonetization of 2017 august themoneyillusion https://www.themoneyillusion.com/category/international-economics/ TheMoneyIllusion » International economics In Hollywood films, the term international economics themoneyillusion https://www.themoneyillusion.com/category/cognitive-illusions/ TheMoneyIllusion » Cognitive illusions I was awakened about 3am last night by my alter ego, Scott Slumber. He seemed very upset and had me dictate a blog post. I was only able to scribble down a... themoneyillusion cognitive illusions https://www.themoneyillusion.com/2013/11/ TheMoneyIllusion » 2013 » November As readers know I'm not very good at mathematical economics. Actually that's not quite right, I'm pretty good at that part of math called 2013 november themoneyillusion https://www.themoneyillusion.com/category/ngdp-futures-targeting/ TheMoneyIllusion » NGDP futures targeting Six years ago, I wrote a post that reflected my view of the proper relationship between the Fed and the markets: That’s not Bullard’s job. He hasn’t been hired... themoneyillusion futures targeting https://www.themoneyillusion.com/2020/04/ TheMoneyIllusion » 2020 » April Here are some high priorities, in my view: 1. Test-trace-isolate 2. Masks 3. Challenge studies for a vaccine 4. Voluntary social distancing 5. Level targeting... 2020 april themoneyillusion https://www.themoneyillusion.com/category/misc/ TheMoneyIllusion » Misc. I recently did a post complaining about the modern NBA. For those who haven't watched any games since the 1990s, I thought you might be interested in knowing... themoneyillusion misc https://www.themoneyillusion.com/2010/06/ TheMoneyIllusion » 2010 » June Tyler Cowen recently responded to some wage stickiness comments by Bryan Caplan and myself: But if people who work on commission and tips are out of work in... 2010 june themoneyillusion https://www.themoneyillusion.com/category/price-level-targeting/ TheMoneyIllusion » Price Level Targeting There are two serious approaches to dealing with the zero bound, and one deeply unserious approach. The two serious proposals are: 1. Unconventional policy... price level themoneyillusion targeting https://www.themoneyillusion.com/2018/12/ TheMoneyIllusion » 2018 » December The problem isn't the recent decline in equity prices; the stock market tends to be more volatile than the underlying economy. Nor is it the recent increase in... 2018 december themoneyillusion https://www.themoneyillusion.com/2014/01/ TheMoneyIllusion » 2014 » January Morgan sent me this WSJ piece by Austan Goolsbee: Bravo for Bernanke and the QE Era Admit it: The Fed's loose money policy worked. Now the challenge is how to... 2014 january themoneyillusion https://www.themoneyillusion.com/2018/10/ TheMoneyIllusion » 2018 » October I'm very pleased to announce that my 5-year project to write a principles textbook is now complete. Macmillan/Worth has just released the new book I... 2018 october themoneyillusion https://www.themoneyillusion.com/2016/07/ TheMoneyIllusion » 2016 » July From Business Insider: ABC host George Stephanopoulos corrected Donald Trump after the Republican presidential nominee claimed that Russia was 2016 july themoneyillusion https://www.themoneyillusion.com/category/trade/ TheMoneyIllusion » Trade Christian List directed me to some studies of the costs of IP theft. The first link was to an AEI report on the subject, which criticized the US definition of... themoneyillusion trade https://www.themoneyillusion.com/yglesias-on-political-sorting/ TheMoneyIllusion » Yglesias on political sorting There has recently been a lot of discussion about how all of the conspiracy nuts are moving over to the GOP, whereas not so long ago they were at least as... themoneyillusion yglesias political sorting https://www.themoneyillusion.com/2021/07/ TheMoneyIllusion » 2021 » July I will be doing a Clubhouse discussing inflation with David Beckworth and Christopher Russo tomorrow (Friday) at noon EST. Here is the link:... 2021 july themoneyillusion https://www.themoneyillusion.com/ TheMoneyIllusion For readers who don't already know this, my new blog is over at Substack:scottsumner.substack.comThis will be my final Money Illusion post. The blog began on... themoneyillusion https://www.themoneyillusion.com/category/exchange-rates/ TheMoneyIllusion » Exchange Rates Before today's post, a few quick comments. I have a piece on Trump's exchange rates themoneyillusion https://www.themoneyillusion.com/2011/07/ TheMoneyIllusion » 2011 » July At least that's what the markets are telling us. But that's mostly relief that there won't be a fiscal/debt train wreck on Tuesday. I'm more interested in the... 2011 july themoneyillusion https://www.themoneyillusion.com/2013/01/ TheMoneyIllusion » 2013 » January Back in 2011 I did a post entitled 2013 january themoneyillusion https://www.themoneyillusion.com/privacy-policy/ TheMoneyIllusion » Privacy Policy Who we are Our website address is: https://www.themoneyillusion.com. What personal data we collect and why we collect it Comments When visitors leave comments... privacy policy themoneyillusion https://www.themoneyillusion.com/2015/06/ TheMoneyIllusion » 2015 » June I've done a number of posts pointing out that people are hard-wired to find patterns where they don't exist. Studies have shown that people will see 2015 june themoneyillusion https://www.themoneyillusion.com/category/japan/ TheMoneyIllusion » Japan The global media seems endlessly fascinated by the question of whether monetary policy in the US is too easy or too tight, even as the Fed comes amazingly... themoneyillusion japan https://www.themoneyillusion.com/a-long-strange-trip/ TheMoneyIllusion » A long strange trip For readers who don't already know this, my new blog is over at Substack:scottsumner.substack.comThis will be my final Money Illusion post. The blog began on... long strange trip themoneyillusion https://www.themoneyillusion.com/category/trump-derangement-syndrome/ TheMoneyIllusion » Trump Derangement Syndrome Some of my commenters believe I'm suffering from Trump Derangement Syndrome. If I only thought about things rationally, I'd see the greatness of our Dear... trump derangement syndrome themoneyillusion https://www.themoneyillusion.com/2024/01/ TheMoneyIllusion » 2024 » January This Bloomberg headline and subhead caught my eye: Don’t Make US Public Schools More Like Harvard If conservatives were serious about their critique of elite... 2024 january themoneyillusion https://www.themoneyillusion.com/2023/10/ TheMoneyIllusion » 2023 » October NGDP growth. Do I even need to comment? (Supply shocks? I don't think so.) PS. The Atlanta Fed keeps winning. 2023 october themoneyillusion https://www.themoneyillusion.com/category/praising-krugman/ TheMoneyIllusion » Praising Krugman If you asked me to name the five greatest works of macroeconomics during the 20th century, I might produce something like the following list (in chronological... themoneyillusion praising krugman https://www.themoneyillusion.com/category/uncategorized/ TheMoneyIllusion » Uncategorized For readers who don't already know this, my new blog is over at Substack:scottsumner.substack.comThis will be my final Money Illusion post. The blog began on... themoneyillusion uncategorized