Chair of Monetary Policy
Contributor's Links: The Money Illusion

Scott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University.  He is also Professor Emeritus at Bentley University and Research Fellow at the Independent Institute. In his writing and research, Sumner specializes in monetary policy, the ... more

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The Market Finds A Way
Experts often warn that we are soon going to run out of a natural resource. If so, then we might expect an increase in price, which encourages conservation.
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The ECB Cut Its IOR To Minus 0.5%; It Should Have Been Minus 50%
The ECB should stop playing around with negative interest rates and simply put a prohibitive tax on excess reserves.
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More On Trump And Trade
President Donald Trump’s top advisers are rushing to find an escape hatch for a series of tariff increases in the coming months, worried about the potential for further economic damage.
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The Unsung Success Of Japan's Recent Fiscal Policy
The debt to GDP ratio has leveled off at roughly 240% of GDP since the 2014 tax increase.
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EC Is Fed Policy "Premised Importantly" On Market Monetarism?
It would be more accurate to say the Fed increasingly recognizes that market forecasts are superior to its failed Phillips Curve models.
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Does Price Stickiness Explain "Lowflation"?
The surprising fact about the recovery is not so much the low inflation, it’s the low inflation combined with the low RGDP growth.
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The Sad Decline Of American Democracy
Yes, lots of horrible things are also occurring in China, but Americans really do need to look in the mirror.

Work Experience

Ralph G. Hawtrey Chair of Monetary Policy
Mercatus Center at George Mason University​
2015 - Present (4 years 9 months)
Professor of Economics
Bentley University
1982 - 2015 (34 years 2 months)

Education

Wisconsin University
BA
Economics
Chicago University
PhD

Publications