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
Scott Sumner Argues the Bernanke Fed Was Too Tight | The Bob Murphy Show
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Saving, Investment, and Secular Stagnation
- | Radio Appearance Radio Appearance
Scott Sumner on Made in America - COVID Unemployment Benefits
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Should We Worry About Inflation? Not Yet
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Beware the New Price Bubbles? Not So Fast
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on the Princeton School of Macroeconomics and Overcoming Inflationary Fears
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
A Critique of Interest Rate–Oriented Monetary Economics
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Biden’s Choice: Reform or Recovery?
- | Expert Commentary Expert Commentary
Not Your Older Sister's Recession
Latest Work
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
Scott Sumner Argues the Bernanke Fed Was Too Tight | The Bob Murphy Show
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Saving, Investment, and Secular Stagnation
- | Radio Appearance Radio Appearance
Scott Sumner on Made in America - COVID Unemployment Benefits
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Should We Worry About Inflation? Not Yet
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Beware the New Price Bubbles? Not So Fast
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Scott Sumner on the Princeton School of Macroeconomics and Overcoming Inflationary Fears
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
A Critique of Interest Rate–Oriented Monetary Economics
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
Biden’s Choice: Reform or Recovery?
- | Expert Commentary Expert Commentary
Not Your Older Sister's Recession
Latest Work
- | 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
- | Expert Commentary Expert Commentary
A better Modern Monetary Theory
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Who Should Serve on the Federal Reserve Board?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Fed Steers the Ship, but We Deserve to Know Where We're Headed
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Tax-And-Spend Progressives Put Faith in Flawed Policy Theory
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Actual Problem
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
When Should We Be Worried about Monetary Policy?
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
My Views on Monetary Policy: An Update
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary