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Nobel Prize winning economist and New York Times columnist Paul Krugman calls Economics Professor Scott Sumner "the heir to Milton Friedman," a tremendous compliment in the world of economics.
Professor of Economics Scott Sumner's blog, The Money Illusion, is highlighted in an article focused on how American households are impacted by the recession. This story was also picked up by the Bangor Daily News.
Professor of Economics Scott Sumner is cited for his expertise on the Fed and monetary policy surrounding a debate on whether Obama's 2009 stimulus was effective. Also picked up by the Wichita Eagle.
Economics Professor Scott Sumner is highlighted for his widely debated theory concerning nominal GDP targeting - a subject covered extensively in his blog The Money Illusion.
The Federal Reserve is urged to adopt a new monetary policy of targeting nominal income and Economics Professor Scott Sumner is highlighted as one of the early proponents of this policy.
