Archive for Market Monetarism

The House That Sumner Built

For those who don’t follow these things, Mugato would say Scott Sumner is so hot right now. Now even Krugman endorses Sumner’s general worldview. I was reading Brad DeLong’s take on the whole affair, and found this excerpt revealing: By contrast [with the Fed buying assets with new money], the alternative expansionary policy is for […]

Read more