Scott Sumner on Monetary Rules, Blooming Late, and the Death of Cinema

Conversations with Tyler is produced by the Mercatus Center at George Mason University, bridging the gap between academic ideas and real-world problems. Learn more at Mercatus.org. For a full transcript of every conversation, enhanced with helpful links, visit conversationswithtyler.com. Hello everyone and welcome back to Conversations with Tyler. which occasionally aspires to be a conversation.

Today I'm talking with Scott Sumner. Scott is an extremely well-known economist, known perhaps most for his blog The Money Illusion, where he was and still is in fact the world's leading champion of nominal GDP level targeting. Scott has numerous books on monetary theory and history. He also blogs at Econlib, and he is a longstanding Mercatus affiliate, among other things.

For many years he was a professor at Bentley in Massachusetts. Scott, welcome. Oh, thank you. It's good to be here. Now for your books on the Great Depression, you once said that you read the New York Times for many years in a row, for I think the 1920s and the 1930s.

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