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The Grumpy Economist

John H. Cochrane

News, 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

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Substack
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PublishesTwice weeklyIssues69
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Economic Statecraft and Trade

The Hoover economics and national security teams have had a productive discussion coming from two very different starting points. The national security folks are pursuing the idea of “economic statecraft,” that our government should use tar...

2 months ago
53
24

Rules of the game

(Disclaimer: This is a post for my academic colleagues doing monetary / fiscal policy.)

2 months ago
54
30

Inflation Analogy?

I plot here inflation since August 2019 and inflation starting in 1972. Inflation surged, declined, got stuck above its previous level. In 1977, it surged again.

2 months ago
89
34

Tax talk

Last week the administration announced President Trump’s tax proposals:

3 months ago
91
47

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Authors

The writers behind this newsletter.

  • John H. Cochrane

    Economist at the Hoover Institution

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