The Grumpy Economist
John H. CochraneNews, views, and commentary from a free market point of view. I moved from Blogger to Substack in December 2023. For previous posts back to 2011 see my Blogger page at https://johnhcochrane.blogspot.com
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 148 | Founded | 3 years ago | Last Issue | 4 days ago |
| Active | |||||
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grumpy-economist.comLatest Issues
French Fables
An interesting brouhaha has broken out in France, lately famous for reinvigorating the idea of wealth taxes: The French government should default on (“annul” “cancel” — the left is great at euphemisms) its debt held by the European Central...
Interest Rate Surge?
US long term interest rates are surging. What’s going on?
I usually don’t do market commentary. It doesn’t last long. And Hayek taught us that if we knew why strawberry prices go up and down, let alone interest rates, communism would have...
Wealth Tax 2.0
Senator Bernie Sanders and Representative Ro Khanna just introduced a bill proposing a permanent national 5% wealth tax on billionaires, along with an ambitious spending program for the results. (Press release, bill, summary.) It’s permanen...
Three news items and a lesson
Today, a few small recent economic news items add up to a bigger picture.
California led a group of 12 state attorneys general in a suit to block the Ellisons and Paramount from buying Warner Brothers. In case you haven’t been following th...
Raise rates? Warsh's conundrums
Inflation is stubbornly high, and the Fed mulls whether to raise rates. What does current economics say about the central question: How does raising interest rates affect inflation?
Here is the best one-graph answer I have to this questio...
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Economist at the Hoover Institution
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