Scott Sumner
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Ralph G. Hawtrey Chair Emeritus of Monetary Policy
Scott Sumner is the Ralph G. Hawtrey Chair Emeritus of Monetary Policy at the Mercatus Center at George Mason University and Professor Emeritus at Bentley University. In his writing and research, Sumner specializes in monetary policy, the role of the international gold market in the Great Depression, and the history of macroeconomic thought.
Named by Foreign Policy magazine in 2012 as one of the “top 100 global thinkers,” Sumner has published papers in academic journals including the Journal of Political Economy, Economic Inquiry, and the Journal of Money, Credit and Banking. He is author of the popular economics blog The Money Illusion and a contributor to EconLog. His work has appeared in media outlets nationwide and beyond, including the New York Times, Wall Street Journal, BBC, CNBC, The Economist, Financial Times, Politico, The National Interest, and The American.
Sumner received his PhD and MA in economics from the University of Chicago and his BA in economics from the University of Wisconsin.
Latest Work
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Currency Manipulation: Reframing the Debate
- | International Freedom and Trade International Freedom and Trade
- | Expert Commentary Expert Commentary
Trump's policies are increasing, not decreasing, the trade deficit
- | Expert Commentary Expert Commentary
Two Plus Two is Four: Connect the Dots
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Should the Fed Pay Interest on Bank Reserves?
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT: The Relationship between Interest Rates and Monetary Policy
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT: How the Fed Controls Monetary Policy
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Scott Sumner’s Questions for Fed Chairman Powell
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Crafting Monetary Policy for the 21st Century Economy
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Understanding the Federal Reserve
- | Expert Commentary Expert Commentary
A better Modern Monetary Theory
Latest Work
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Currency Manipulation: Reframing the Debate
- | International Freedom and Trade International Freedom and Trade
- | Expert Commentary Expert Commentary
Trump's policies are increasing, not decreasing, the trade deficit
- | Expert Commentary Expert Commentary
Two Plus Two is Four: Connect the Dots
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Should the Fed Pay Interest on Bank Reserves?
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT: The Relationship between Interest Rates and Monetary Policy
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
POLICY SPOTLIGHT: How the Fed Controls Monetary Policy
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Scott Sumner’s Questions for Fed Chairman Powell
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Crafting Monetary Policy for the 21st Century Economy
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Understanding the Federal Reserve
- | Expert Commentary Expert Commentary
A better Modern Monetary Theory
Latest Work
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
When Should We Start Worrying About Inflation?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Rules Would Make Monetary Policy More Transparent, Independent
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Do Low Interest Rates Stimulate Housing?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
China Should Raise The Price Of Big Macs
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Wednesday's Stock Market Decline
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Why a Hot New Idea in Economics is Actually a Bad Idea
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Search for Real — Not Nominal — Wage Gains
- | Expert Commentary Expert Commentary
Where Are These Jobs Coming From?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Moment of Maximum Danger
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary