{"title":"Scott Sumner","description":"\u003cp\u003eScott Sumner’s works offer insightful explorations into economic theory and policy, blending rigorous analysis with accessible prose. His books, such as \u003cem\u003eMicroeconomics: For Business \u0026amp; Society\u003c\/em\u003e, provide a clear understanding of economic principles essential for both students and professionals.\u003c\/p\u003e\n\n\u003cp\u003eWith a keen focus on monetary economics, including titles like \u003cem\u003eThe Money Illusion\u003c\/em\u003e, Sumner challenges conventional perspectives on inflation, interest rates, and economic stability. His writing is invaluable for readers seeking a deeper grasp of contemporary economic debates.\u003c\/p\u003e","products":[{"product_id":"the-money-illusion-by-scott-sumner-9780226826561","title":"The Money Illusion","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eThe first book-length work on market monetarism, written by its leading scholar.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eIs it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century.\u003c\/p\u003e\n\n\u003cp\u003eForegoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. \u003cem\u003eThe Money Illusion\u003c\/em\u003e is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47428294672620,"sku":"9780226826561","price":47.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780226826561.jpg?v=1774497178"},{"product_id":"the-money-illusion-by-scott-sumner-9780226773681","title":"The Money Illusion","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eIs it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of this century.\u003c\/p\u003e\n\n\u003cp\u003eForgoing the usual relitigating of the problems of housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. \u003cem\u003eThe Money Illusion\u003c\/em\u003e is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays a groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47461592531180,"sku":"9780226773681","price":72.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780226773681-the-money-illusion.jpg?v=1774972557"},{"product_id":"microeconomics-for-business-society-by-scott-sumner-9781464182501","title":"Microeconomics: For Business \u0026 Society","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eEconomic Principles: A Business Perspective\u003c\/em\u003e covers the fundamentals of economics in the context of today's globalised business world, with strong examples, integrated technology, and practical pedagogy.\u003c\/p\u003e\n\n\u003cp\u003eIntegrated business and policy briefs, in-depth case studies, chapter-ending business applications, thoroughly explained graphs, and a battery of simple but useful learning tools support the intersection of theory and practice.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Macmillan Education Australia","offers":[{"title":"Default Title","offer_id":47486998184172,"sku":"9781464182501","price":183.95,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/d7b54a0b4e0e13563dabbae3c1afc515.jpg?v=1775778442"}],"url":"https:\/\/bookhero.co.nz\/collections\/scott-sumner.oembed","provider":"Book Hero","version":"1.0","type":"link"}