Scott Sumner

30/11/2023 1h 12min Episodio 7

Listen "Scott Sumner"

Episode Synopsis

Scott and I talk about film, literature, asset bubbles, and monetary policy.
Transcript
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Timestamps
(0:00:00) Intro
(0:00:33) Fiction for economists
(0:03:44) Knausgaard or Proust?
(0:07:04) TV or film?
(0:11:58) Joseph Conrad and Werner Herzog
(0:14:29) Underrated writers
(0:16:47) Do pessimists make better art?
(0:18:34) Cultural pessimism
(0:25:03) Meaning in jobs
(0:28:54) Behavioral vs classical economics
(0:34:16) Are bubbles real?
(0:39:53) Nominal GDP
(0:56:29) Relative importance of monetary policy
(0:59:03) Equilibrium interest rates
(1:04:58) Technology and productivity
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Links
- Scott at TheMoneyIllusion
- Scott at EconLog
- Scott's "What do we mean by meaning?"
- Scott's "Wallowing in nostalgia (an autobiography)"
- Scott on Robert Louis Stevenson
- Scott on Joseph Conrad
- Scott's intro course on money
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