Archive for Market Monetarism
Nick Rowe Is Going to Excommunicate Me
Wow. I have been immersing myself in the monetary economics blogosphere discussions, and I don’t likes what I sees. In this post I’ll talk about Nick Rowe, whom you may recall I previously dubbed a kung fu master. As with Scott Sumner, so too with Nick: I want to preface this post by saying he’s […]
Read moreExplainer: Why I Claim Scott Sumner Is Insane in the Brain
I often say that I think Scott Sumner is “insane.” Now, on the one hand I’m obviously just joking; as I’ve mentioned a few times, Scott has a good sense of humor and I think he (mostly) appreciates my jabs (though not of course my policy recommendations). On the other hand, though, I choose the […]
Read moreI’m Being Serious: Why Was It Scott Sumner Day?
I’m not going to put in my trademark snarky comments in this post, because I’m being quite serious: I am reading some commentary, preparing to write an article on Monday talking about the Fed’s announcement. I had planned on launching a full-scale critique of Scott Sumner, who is being credited with inspiring this new move […]
Read moreRemarks From Economics Bloggers That I Find Hilarious
==> “The day Garett [Jones] first visited GMU, I went home to my wife and told her, ‘I just met my new best friend.’” — Bryan Caplan ==> “[I]t’s Scott Sumner Day.” — Tyler Cowen ==> “Fed lowers its 2014 unemployment estimates by 0.3% or 0.4%.” — Scott Sumner, explaining why the Efficient Market Hypothesis […]
Read moreAn Open Blog Post to Garett Jones
Hi Dr. Jones, I look forward to your posts on EconLog. I see right out of the chute you’re having a tussle with Scott Sumner. I’ve been watching him for years, in much the same way that the FBI tracks Sicilians. Let me give you a tip regarding your recent exchange. You wrote at EconLog: […]
Read morePotpourri
==> This was a post I did on ethanol policy and food prices a few weeks ago. There’s a surprise. ==> Don’t worry about ethanol mandates causing high food prices. The US military is here to save the day. ==> There’s a famous econ blogger out there, who thinks the authorities need to boost Aggregate […]
Read moreUpdate on Scott Sumner Debate
A few people lately have been asking me about this. Well, I am still not yet ready to face Vader. I don’t want to lose a hand. However, it occurs to me that I could win the debate just by saying, “Scott Sumner published this on his blog. And fans of the free market are […]
Read moreBursting Sumner’s Bubble, the Climax
I added the below in an update to my original post, but I want to make sure y’all see this one: Thanks to the sleuthing of Dan, we are able to produce the following work of beauty: (A) “I’m a believer in the EMH and hence skeptical of the idea of bubbles, a least as […]
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