Scott B Sumner was born on 1955 and is an American economist.
24 Facts About Scott Sumner
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Scott Sumner was previously the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, a Research Fellow at the Independent Institute, and a professor at Bentley University in Waltham, Massachusetts.
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Scott Sumner's published research focuses on prediction markets and monetary policy.
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In 2015, Scott Sumner published The Midas Paradox: A New Look at the Great Depression and Economic Instability.
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Scott Sumner argued that monetary policy can offset fiscal austerity policies such as those pursued by the British government in the wake of the 2007 economic crisis.
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Scott Sumner's views have been described as libertarian, and he has used the label as a self-description.
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Scott Sumner has lamented what he sees as "anti-China" sentiment in the United States and Europe.
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In one post titled "cHiNa iS tHe reAL thReAt", using alternating caps, Scott Sumner implies that Russia's military support of Alexander Lukashenko represents a bigger threat to the United States.
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Scott Sumner is bullish on the Chinese economy, and has mocked various predictions made throughout the 2010s suggesting that the Chinese real estate market would collapse.
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Scott Sumner has attributed the growth of the Chinese economy to economic growth in Europe.
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Scott Sumner has criticized US intelligence's findings in the origins of Covid-19, and opined that the virus could have originated in Thailand or Laos, citing a Wall Street Journal article and a Bloomberg article, respectively.
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Scott Sumner has praised China's handling of the Covid-19 pandemic, and has been critical of the handling of the pandemic in the United States and Europe, saying in one blog that "China succeeded against a crisis that was objectively far greater than the crisis faced by Europe and America".
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Scott Sumner has criticized the slow development of the COVID-19 vaccines, blaming medical ethicists, and said that "thousands died" as a result of delays to the vaccines' development.
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Scott Sumner is a vocal critic of Donald Trump, calling him "Putin's puppy", and opining that he has a "contempt for democracy".
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Scott Sumner believes that Trump has a "longstanding infatuation" with Putin, citing a comment Trump made in which he called Putin "a leader far more than our president", referring to Barack Obama.
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Scott Sumner has taken to banning comments from people he calls "Russian trolls".
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Scott Sumner has repeatedly used the term "Trump derangement syndrome" to describe support of Donald Trump, and has described support for Trump as "a personality cult".
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Scott Sumner believes that Trump encouraged China "to put Uighurs into concentration camps", citing a disputed claim made by former National Security Advisor John Bolton.
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Scott Sumner viewed the Trump administration's stance towards China as detrimental to the economies of both countries.
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Scott Sumner describes Trump's policy as "brazenly trying to steal money from the Chinese, and is igniting a cold war with China".
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Scott Sumner has been critical of Trump's efforts to ban TikTok and WeChat in the United States, despite privacy concerns about TikTok.
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Scott Sumner has lambasted Trump for his handling of the Covid-19 pandemic, saying that Trump "would gladly kill enormous numbers of Americans to get re-elected" and that it was responsible for large amounts of American deaths.
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In one blog post, Scott Sumner pondered whether Trump's policy had killed Americans, and stated that this was designed to make Trump "look good".
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Scott Sumner has been critical of the American media's response to the Trump presidency, saying that "the press has gone easy on Trump", and said that media outlets have a "shameful double standard" when it comes to covering Trump.