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米国および世界的なお金と金融政策に関する異なる視点を提供しています。このブログは経済学教授および著者によって執筆されており、経済不況と回復の根本的な原因、および金融政策管理の重要性を説明するための努力です。

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The Money Illusion, authored by economist Scott Sumner, stands as one of the most influential economics blogs of the past two decades. Sumner's persistent advocacy for nominal GDP targeting helped reshape monetary policy discussions during and after the 2008 financial crisis, earning him recognition as a key figure in the 'market monetarist' movement. The blog excels at making complex monetary economics accessible while maintaining academic rigor. Posts thoughtfully challenge conventional wisdom on inflation, central banking, and macroeconomic policy. While the finance applications are somewhat narrower"focused primarily on monetary policy implications rather than practical investment advice"the insights remain valuable for understanding market dynamics. Essential reading for anyone serious about monetary economics.

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Feb 1, 2026
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