The Money Illusion; market monetarist views on Fed policy.
Scott Sumner values this book for its empirical refutation of the idea that long expansions inevitably lead to severe downturns.
Scott Sumner values this film as a significant part of his life experience that is more engrossing than his actual daily routine.
Scott Sumner values this film for its dialogue regarding how narrative media effectively extends the duration of human life.
“My uncle says we live three times as long since man invented movies.”
Scott Sumner recommends this film as a valuable illustration of how members of the Silent Generation were the ones driving the cultural shifts of the 1960s.
“The film Bob & Carol & Ted & Alice nicely shows how silent generation members led the cultural change of the 1960s.”
Scott Sumner values the film for its insightful, albeit cynical, quip that perfectly captures the pessimistic mood of modern leftists.
“Life is full of loneliness, and misery, and suffering, and unhappiness, and it's all over much too quickly.”