Scott Sumner on Paul Krugman

by | Feb 20, 2015 | THE ECONOMY

“Paul Krugman was the one that said 2013 was a test of market monetarism.  He’s the one who said it was a test of whether monetary policy could offset the drag of fiscal stimulus.  And now the results are in. And what is Krugman’s response? I can’t quite tell, but it almost seems to me that he’s denying that any test took place.”

Robert McTeer

Robert McTeer is a former president of the Federal Reserve Bank of Dallas, and a former chancellor of the Texas A&M University System.

Scott Sumner, a Bentley University economist, has been described as the "eminence grise" of market monetarism. He, David Beckworth and Robert McTeer briefed congressional aides at an NCPA briefing on Capitol Hill.

Scott Sumner, a Bentley University economist, has been described as the “eminence grise” of market monetarism. He, David Beckworth and Robert McTeer briefed congressional aides at an NCPA briefing on Capitol Hill.