Scott Sumner

Mercatus / monetary blogosphere; NGDP-level targeting

Scott Sumner is an economist at the Mercatus Center, George Mason University, where he directs the Programme on Monetary Policy. He built a large following through his blog The Money Illusion, arguing that tight money — not financial excess — was the primary cause of the 2008–09 recession. He is best known for championing NGDP-level targeting as an alternative to inflation targeting.