Scott Sumner

But if you're a country otherwise that's, you know, well managed, no need for resources from, from other countries or anything of that kind, then in that case your flexible exchange rates are helpful.

Now Scott Sumner argues we shouldn't be worried about trade imbalances at all.

We don't worry about them across American states.

A lot of the EU has a pretty big current account surplus.

Now, it may be politically unstable in the sense that we Americans object to it, but that's not an argument per se, right? We have a choice as to whether or not we should object to it.

It doesn't seem that rigorous to say, "Well, this will cause another financial crisis like 2008." There's just not real evidence for that.

So Scott Sumner would say, "Let's just be happy we have cheaper goods.

We send them paper, we get back stuff, and go our merry way." And why is that wrong?

I have even gotten a few job offers downstream of pieces I would not have written if not for Inkhaven.

I will be at Inkhaven 3 as an advisor, along with much cooler people like Scott Alexander, Isla, Scott Sumner, Max Harms, Vishal, and Jen from General HQ.

I can't emphasize enough how weirdly excellent both Lighthaven and Inkhaven are.

The last eight months have been some of the best of my life, and most of that is downstream of Inkhaven, friendships made there, and the work it inspired me to write.

Question, question.

Hi, Scott Sumner, North Superior Publishing, Thunder Bay Business Publication.

I have like a softer question for you today.

You're in an entirely different position than in the past in your corporate career and we're facing a lot of negativity and hostility that emanates maybe from the U.S. How are you personally dealing with it and your team? How do you cope with that?

I'm very excited about our advisors for Inkhaven 3.

Our initial line-up is Scott Alexander, Alexander Wales, Justice Mills, Isla, Scott Sumner, Clara Collier, John Powers, Jesse Single, Max Harms, Slime Mold Time Mold, Georgia Ray, Tomas Blatur, and Jen.

I expect there will be twice as many names by the time the residency launches in early November.

We'll also be getting more time with Scott Alexander this time around.