Scott Sumner on Fed performance since the Great Recession…

by Jim Colburn • Wednesday, August 2, 2017

Here is more on Scott from Wikipedia:

“Scott B. Sumner is the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, a Research Fellow at the Independent Institute, and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better “induce the correct level of business investment”.[1]”

Here is the excellent podcast:

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