EPISODE · Nov 30, 2023 · 1H 12M
Scott Sumner
from Undertone · host Dan Schulz
Scott and I talk about film, literature, asset bubbles, and monetary policy. Transcript -- Timestamps (0:00:00) Intro (0:00:33) Fiction for economists (0:03:44) Knausgaard or Proust? (0:07:04) TV or film? (0:11:58) Joseph Conrad and Werner Herzog (0:14:29) Underrated writers (0:16:47) Do pessimists make better art? (0:18:34) Cultural pessimism (0:25:03) Meaning in jobs (0:28:54) Behavioral vs classical economics (0:34:16) Are bubbles real? (0:39:53) Nominal GDP (0:56:29) Relative importance of monetary policy (0:59:03) Equilibrium interest rates (1:04:58) Technology and productivity -- Links - Scott at TheMoneyIllusion - Scott at EconLog - Scott's "What do we mean by meaning?" - Scott's "Wallowing in nostalgia (an autobiography)" - Scott on Robert Louis Stevenson - Scott on Joseph Conrad - Scott's intro course on money - Subscribe to the podcast on YouTube, Apple, Spotify, or Substack. - Follow Dan on X. - Share anonymous feedback on the podcast here: https://forms.gle/w7LXMCXhdJ5Q2eB9A
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