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
- | Podcast Appearance Podcast Appearance
Monetary Policy | The Unreasonable Podcast
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
The Princeton School and the Zero Lower Bound
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on The Money Illusion
- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Hayek Program Podcast Hayek Program Podcast
"Money and the Rule of Law" Book Panel
- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Hayek Program Podcast Hayek Program Podcast
Lawrence H. White & Scott Sumner on "The Money Illusion"
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on What Milton Friedman Would Think of Monetary Policy Today
- | Expert Commentary Expert Commentary
How Should We Think About 'Transient Inflation'?
- | Expert Commentary Expert Commentary
What’s Going On at the Federal Reserve? | Discourse
- | Healthcare Healthcare
- | Expert Commentary Expert Commentary
An Economist's Perspective on 'Gain-of-Function' Virus Research
Latest Work
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
Monetary Policy | The Unreasonable Podcast
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
The Princeton School and the Zero Lower Bound
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on The Money Illusion
- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Hayek Program Podcast Hayek Program Podcast
"Money and the Rule of Law" Book Panel
- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Hayek Program Podcast Hayek Program Podcast
Lawrence H. White & Scott Sumner on "The Money Illusion"
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on What Milton Friedman Would Think of Monetary Policy Today
- | Expert Commentary Expert Commentary
How Should We Think About 'Transient Inflation'?
- | Expert Commentary Expert Commentary
What’s Going On at the Federal Reserve? | Discourse
- | Healthcare Healthcare
- | Expert Commentary Expert Commentary
An Economist's Perspective on 'Gain-of-Function' Virus Research
Latest Work
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Biden’s Choice: Reform or Recovery?
- | Expert Commentary Expert Commentary
Not Your Older Sister's Recession
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
New Fed Approach Takes Inflation Targeting More Seriously
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Another Example of Monetary Offset
- | Expert Commentary Expert Commentary
Can the Fed Reduce Racial Inequality?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Even in a World of Zero-Percent Interest Rates, the Fed Likely Has Enough Monetary Policy Tools
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
There is No Substitute for Monetary Policy
- | 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