Book · 2015 · Business & Economics
The Midas Paradox
Financial Markets, Government Policy Shocks, and the Great Depression
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Scott Sumner, The Midas Paradox. COWEN: I think Scott is correct that the biggest problem in the Great Depression was the deflationary pressures. Andrew Ross Sorkin and I talked about that in our episode from this year. A very thorough book that Scott worked on for something like 20 years.
Tyler Cowen · Conversations with Tyler · Dec 2025 Listen at 43:04 Why people recommend it
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Tyler Cowen Scott Sumner, The Midas Paradox. COWEN: I think Scott is correct that the biggest problem in the Great Depr… 1
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“Scott Sumner, The Midas Paradox. COWEN: I think Scott is correct that the biggest problem in the Great Depression was the deflationary pressures. Andrew Ross Sorkin and I talked about that in our episode from this year. A very thorough book that Scott worked on for something like 20 years.”





