Scott Sumner

Archive for Scott Sumner

Announcing the IBC Workshop

The footage of us lecturing comes from a February 2015 workshop we put on in Birmingham. I realized that you guys don’t understand the quite specific presentations my co-author, Carlos Lara, and I have been giving to audiences during the summer. No, I wasn’t telling them, “I expect a spike in the VVIX on Monday, […]

A Note on Stock Market Volatility

So if I promise to criticize myself, can I get a blogging gig at EconLog? I understand the Efficient Markets Hypothesis, and I think it’s a very good way to take a first crack at the markets. The thing that annoys me about many EMH proponents is that they think they are being empirical and […]

These Market Monetarists Aren’t So Bad

I obviously disagree with Scott Sumner on his key issue, but I really like how he has been hammering on the Dennis Hastert case, which is really outrageous (putting aside one’s distaste for political figures, which doesn’t excuse someone getting railroaded). Also, I have to salute the Teflon blogger, Nick Rowe, who is impervious to […]

OK Sumner, You Win This Time…

…but we’ll be back! Recently David R. Henderson had a very gallant post in which he admitted that he thought he was going to catch somebody in a bout of hypocrisy, but had been wrong. So let me do the same thing here. This morning, I read Scott Sumner really letting people have it for […]

Scott Sumner to Fed: “There Is No Justification for Listening to My Advice”

I know you guys think I’m just being a mosquito, buzzing around Scott Sumner’s ear and criticizing him for no good reason. Well you’re wrong. I am the sentinel in the night, guarding the integrity of the USD from Sumner’s attempted debasement, while you have barbecues and watch fireworks. Now I know very well what […]

Scott Sumner: “I’ll Be Making All the Ironic Jokes Around Here, Thanks”

Oh Scott, why do you vex me so? In the midst of an EconLog post, Scott had this throwaway line (in my bold): I first got into blogging in 2009 out of frustration over Fed policy. The US obviously had a huge demand shortfall, and the Fed wasn’t doing enough to address the problem. Indeed […]

Two Sumner Predictions: One Specific, One General

In a recent post at his blog, Scott gave the title, “Please, do buy. You won’t regret it.” He first linked to a post about bubble theories that were promulgated in 2009-11, and said they had recently been refuted. Then he talked about property values in Dubai. My question: Is Scott just saying “buy a […]

DeLong Gives Me Whiplash

[Two UPDATEs below, one embedded and one at the end.] I have to be brief, so if you’re a newcomer to this blog, you won’t get much from this. But back in early 2009, Brad DeLong was very skeptical about the ability of the Federal Reserve to rescue the world economy from the ravages of the […]