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Economics

How Fed Learned to Stop Worrying and Love Zero

Wed, 01/23/2013 - 08:52

Economics Professor Scott Sumner provides insight on how the Federal Reserve Bank's recent decisions relate to his framework for nominal GDP targeting and what implications this will have for the U.S. economy. 

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Does Britain’s Austerity Hold Lessons For the United States?

Fri, 01/04/2013 - 11:17

Professor of Economics Scott Sumner is highlighted for his opinion on British fiscal policy in relation to the country's economic weaknesses.

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The Cliff Hangs on the Fed: Why Ben Bernanke Controls the Economy's Fate

Wed, 12/12/2012 - 13:46

Professor of Economics, Scott Sumner, is referenced in a discussion about the fiscal cliff for his insight on what happens when central banks in fiat-money systems try to inflate.

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College Students Try Their Hand at Crafting Fed Policy

Tue, 11/27/2012 - 11:30

The Wall Street Journal's Real Time Economics Blog explains the Federal Reserve's Annual Student Competition, of which Bentley was a competitor. (Not included in the article - Bentley took home second place behind only Northwestern.)

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2012's Global Marketplace of Ideas and the Thinkers Who Make Them

Fri, 11/23/2012 - 16:14

Foreign Policy Magazine lists Economics Professor Scott Sumner as number 15, tied with Federal Reserve Chairman Ben Bernanke, on their list of Top 100 Global Thinkers of 2012 . 

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OSHA's Role in Promoting Occupational Safety and Health

Tue, 11/20/2012 - 15:22

Chair of the Department of Economics John D. Leeth reports on declining workplace injuries and fatalities due to improved health conditions in various markets.

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Bentley’s Fed Challenge Team Wins Regional Competition

Tue, 11/13/2012 - 13:31

Bentley University won the New England Competition of the College Fed Challenge, held at the Federal Reserve Bank of Boston, beating out 18 undergraduate universities from the First Federal Reserve District including three-time national champion Harvard University. Bentley advances to the National Competition to represent New England on November 27 in Washington, DC.

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Economists' Statement on Jobs

Wed, 10/31/2012 - 11:21

Economists from numerous institutions, including Bentley Senior Lecturer Bryan Snyder, voice their opinion on employment.  

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The Blogger Who Saved The Economy

Fri, 09/14/2012 - 14:36

Professor of Economics Scott Sumner is praised by editor Derek Thompson for "saving the economy" as the Fed recently adopted new policy slightly resembling NGDP targeting - a policy Professor Sumner has been advocating for years on his blog The Money Illusion.

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Defining Bernanke's New Fed Target

Mon, 09/17/2012 - 10:42

While explaining the Federal Reserve's recent progress, Economics Professor Scott Sumner is noted for championing rule-based actions that would provide stable expectations and prevent the economy from being jostled by shocks to aggregate demand. 

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