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Saturday, February 20 • 3:30pm - 4:50pm
The Real Problem was Nominal: Market Monetarism and the Great Recession

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I will explain how the causes of the Great Recession have been misdiagnosed. It was not caused by housing/banking problems, as has been widely assumed, but rather by an excessively contractionary monetary policy. I will explain how nominal GDP targeting could have prevented the Great Recession.

This talk includes breakout sessions led by speakers and FSP volunteers. Attendees will be assigned to breakout groups and remain with the same group throughout the conference. 

Speakers
avatar for Scott Sumner

Scott Sumner

Professor of economics, Bentley University
I have taught economics at Bentley University for the past 33 years. I earned a BA in economics at the University of Wisconsin and a PhD in economics at the University of Chicago. I am also the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center. My research has been... Read More →


Saturday February 20, 2016 3:30pm - 4:50pm EST
Salon B

Attendees (5)