Economist Scott Sumner argues for restoring monetarism and nominal GDP targeting, explaining how interest on bank reserves changed the monetary system. He also shares reviews of films and books and comments on intellectual debates such as the legacy of Francis Fukuyama.
Website: https://scottsumner.substack.com
Employ America publishes macroeconomic data monitors, inflation nowcasts and Federal Reserve commentary tracking US activity and monetary policy. Readers get component-level analysis of PCE inflation, manufacturing data and FOMC expectations.
Conks covers the plumbing of global money markets, with daily data snapshots on Treasury bill and coupon auctions, the Treasury General Account, bank reserves, Fed operations and repo benchmark rates. It also publishes longer analytical pieces and infographics on topics such as repo market structure, central clearing and the Treasury basis trade.
John Cochrane's Substack pairs technical working papers on inflation and monetary policy with free-market commentary on affordability, housing and public opinion. Readers get clear, opinionated explanations of economic models and policy debates from a Chicago-school perspective.
Matt Stoller's BIG examines monopoly power, antitrust, and corporate concentration through commentary on AI stock bubbles, Federal Reserve policy, and travel industry pricing. Readers get a critical, politically pointed take on how concentrated corporate power shapes prices, markets, and everyday costs.
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