Nostalgia for the Neoliberal Era
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
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| Issues | 146 | Founded | 2 years ago | Last Issue | 5 days ago |
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scottsumner.substack.comLatest Issues
The Great Forgetting
Noah Smith has a very good post on development economics, which contains the following list:
The field of economics doesn’t lack for big ideas about why countries go from poverty to riches. These include:
- Institutions: The ide...
Basil Halperin on eclectically optimal policy
Plus thoughts on monetary policy and the current economy
David Beckworth recently interviewed Basil Halperin on his podcast MacroMusings. The interview focused on two primary issues: the effect of AI on the macroeconomy and how to think ab...
The beauty of tautologies
Tautologies have a bad reputation. They are often dismissed as mere definitions. People get scolded for trying to draw causal implications from tautologies. They are viewed as being simplistic.
It is true that tautologies are (implicit) d...
Monetary policy and libertarianism
More specifically, pragmatic libertarianism
At the risk of oversimplification, I see two types of libertarians:
Virginia Woolf on writing
I have been thinking about doing a post on solitude, and that got me to finally read Virginia Woolf’s essay entitled A Room of One’s Own, published in 1929. The solitude post will have to wait, as I was recently asked to provide some advice...
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Authors
The writers behind this newsletter.
I am a retired economics professor that did research on monetary policy and monetary history. I wrote books that examine the causes of the Great Depression (The Midas Paradox) and the Great Recession of 2008-09 (The Money Illusion.
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