Faculty Profiles

Journal articles
Scott Sumner. "Comment on Brad DeLong: Can We Generate Controlled Reflation in a Liquidity Trap?," The Economists' Voice, 2009.

Scott Sumner. "Comment on Dolan and Recent Fed Policy," The Economists' Voice, vol. 6, no. 1, Article 1 (online), 2008.

Sumner, Scott. "Let a Thousand Models Bloom: The Advantages of Making the FOMC a Truly 'Open Market'," Contributions to Macroeconomics, vol. 6, no. 1, 2006.

Summer, Scott, Jackson, Aaron. "Velocity Futures Markets: Does the Fed Need A Structural Model?," Economic Inquiry, vol. 44, no. 4, 716-28, 2006.

Scott Sumner. "Does Monetary Policy Become More Desirable as it Becomes Less Effective?," Economic Letters, 2003.

Scott Sumner. "Some Observations on the Return of the Liquidity Trap," Cato Journal, vol. 2002, no. Winter, pp. 481-90, 2002.

Book chapters
Sumner, Scott. "Colonial Currency and the Quantity Theory of Money: A Critique of Smith's Interpretation," in The Economics of Deflation, Volume One, pages 416-22, Edward Elgar, United Kingdom, 2005

Sumner, Scott. "Exchange Rate Crises and U.S. Financial Markets During the 1930s," in Exchange Rates and Economic Policy in the 20th Century, pages 71-102, Ashgate, Aldershot, England, 2004

Book reviews
Scott Sumner. Review of The Bourgeois Virtues: Ethics for an Age of Commerce by Deirdre N. McCloskey. for Business and Society Review, no. Winter, 2007.

Other
Scott Sumner. "Have We Misdiagnosed the Crisis?". Appeared in "The American" On October 9, 2009

Scott Sumner. "Inflation? We Should Be So Lucky". Appeared in "Reason" in September 2009

Scott Sumner. "Misdiagnosing the crisis: The real problem wasn't real, it was nominal". Appeared at "Vox" on September 10, 2009

Scott Sumner. "The Real Problem was Nominal". Appeared in "Cato Unbound" on September 14, 2009

Sumner, Scott. ""How Have Monetary Regime Changes Affected the Popularity of IS-LM?" History of Political Economy, 2004, Volume 36, Supplement, pp. 240-70".

Sumner, Scott. ""Roosevelt, Warren, and the Gold-Buying Program of 1933" Research in Economic History, Volume 20, 2001: pp. 135-72".

Sumner, Scott. ""Is Nonprice Competition in Currency Inefficient? " Journal of Money, Credit and Banking, (February 2000): 146-49".

Sumner, Scott. ""The Role of the Gold Standard in Keynesian Monetary Theory," Economic Inquiry, (July 1999): 527-40".

Professional Memberships:
American Economic Association
Economic History Association

Scholarly Work in Progress:
Errors of Omission: How Tight Money Caused the Crash of 2008.
Paper on monetary policy. To the JMCB.

The Great Danes: Cultural Values and Neoliberal Reforms.
Political Economy

The Midas Curse: Gold, Wages, and the Great Depression.
Book manuscript currently being revised.

Using Prediction Markets to Guide Global Warming Policy.
Environmental Economics. Submitted to Journal of Policy Modeling. Co-author is Aaron Jackson.

Other Activities:
Presented paper at the SEA meetings in Washington DC, November 2008. The paper was entitled "Will We Ever Again be Able to Forecast Recession?"

"Using Prediction Markets to Guide Global Warming Policy" Paper presented at the Atlantic Economic Society meetings in Madrid, Spain, March 2007.

"Neoliberalism and New Keynesianism: How Two Forms of Liberalism were Transformed During the 1980s." Paper presented at the Atlantic Economic Society meetings in Lisbon, Portugal, March 2005.

"Friedman and Schwartz's Monetary History: The Road Not Taken." paper presented at the Southern Economics Association meetings, New Orleans, also at Rutgers University, November 2004.

"Velocity Futures Targeting." Paper presented at the Atlantic Economic Society meetings, Lisbon, March 2004.

"How Have Monetary Regime Changes Impacted the Popularity of IS-LM?" Paper presented at the History of Political Economy Conference: "The IS/LM Model: Its Rise, Fall, and Strange Persistence." Durham, North Carolina, April, 2003.

"A Gold Market Approach to the Great Depression." Paper presented at the Atlantic Economic Society meetings, Paris, March 2002.

"Some Observations on the Return of the Liquidity Trap". Paper present at the Southwestern Economic Association meetings, Fort Worth, Texas, March 2001.

"The Policy Implications of the IS-LM Model: Is the Standard Interpretation Sensible?" Paper presented at the Atlantic Economic Society meetings, Munich, 2000.

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