World Model · podcast knowledge graph

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

2025-01-08 · 68 min · episode 231 · 8 entities

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Asserted relationships

  • → appeared on Conversations podcast
    0.63
    evidence rules-v4
    Scott Sumner on Monetary Rules, Blooming Late, and the Death of Cinema
  • → discusses Society & Culture concept
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    evidence rules-v4
    Feed category: Society & Culture
  • → discusses Education concept
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    evidence rules-v4
    Feed category: Education
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    Feed author/publisher: Mercatus Center at George Mason University

Entities found in this episode

concepts 4

  • mentioned Society & Culture concept
    0.50
    evidence rules-v4
    Feed category: Society & Culture
  • mentioned Education concept
    0.50
    evidence rules-v4
    Feed category: Education
  • discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education

companys 2

persons 1

  • mentioned Scott Sumner person
    0.66
    evidence rules-v4
    Scott Sumner on Monetary Rules, Blooming Late, and the Death of Cinema

podcasts 1

  • appeared on Conversations podcast
    0.63
    evidence rules-v4
    Scott Sumner on Monetary Rules, Blooming Late, and the Death of Cinema
Episode description as stored
Scott Sumner didn't follow the typical path to economic influence. He nearly lost his teaching job before tenure, did his best research after most academics slow down, and found his largest audience through blogging in his 50s and 60s, in the wake of the 2008 financial crisis. Yet this unconventional journey led him to become one of the most influential monetary thinkers of the past two decades. Scott joins Tyler to discuss what reading Depression-era newspapers revealed about Hitler's rise, when fiat currency became viable, why Sweden escaped the worst of the 1930s crash, whether bimetallism ever made sense, where he'd time-travel to witness economic history, what 1920s Hollywood movies get wrong about their era, how he developed his famous maxim "never reason from a price change," whether the Fed can ever truly follow policy rules like NGDP targeting, if Congress shapes monetary policy more than we think, the relationship between real and nominal shocks, his favorite Hitchcock movies, why Taiwan's 90s cinema was so special, how Ozu gets better with age, whether we'll ever see another Bach or Beethoven, how he ended up at the University of Chicago, what it means to be a late bloomer in academia, and more. Read a  full transcript enhanced with helpful links, or watch the  full video . Recorded December 27th, 2024. Other ways to connect Follow us on  X  and  Instagram Follow  Tyler  on X Follow Scott on X Sign up for our newsletter Join our  Discord Email us:  cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts  here .