Themoneyillusion.com was established in 2009 by Scott Sumner, an economist and former professor at Bentley University. Sumner created the blog with a focus on providing commentary and analysis about monetary economics, with a particular emphasis on the concept of market monetarism. Scott Sumner remains the sole owner and operator of the blog.Based in the United States, themoneyillusion.com is primarily focused on topics related to monetary economics. Sumner often discusses economic issues such as inflation, recessions, and the policies of the Federal Reserve. The blog offers in-depth analysis and interpretation, providing readers with a nuanced understanding of complex economic topics.**One interesting fact**: Scott Sumner, the founder of themoneyillusion.com, is recognized as a leading proponent of market monetarism and he has used the blog to promote this school of thought. Market monetarism, which is a relatively recent development in economic theory, emphasizes the role of the money supply in driving economic activity. Sumner’s articulation of market monetarism through his blog has played a substantial role in shaping the field of economic thought and policy.