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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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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Central bank independence talk.

This is the 10 minute version of my longer post on central bank independence, for the Peterson Institute Conference on Central Bank Independence Oct 31

a month ago
25
3

Central Bank Independence

This is a draft essay behind my presentation at the Peterson Institute conference “Central Bank Independence in Practice” Oct 31 2025. A pdf version is available on my website here, which you may want if this is too big for your email. By F...

a month ago
37
12

A tale of regulation

Holman Jenkins writes in Saturday’s Wall Street Journal

a month ago
107
33

A note on tariffs from the real world

I had an interesting correspondence with the CEO of a fairly large retailer, in response to the latest Goodfellows. He/she and it will remain anonymous for obvious reasons. It informs a lot of important economic questions.

a month ago
112
171

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Authors

The writers behind this newsletter.

  • John H. Cochrane

    Economist at the Hoover Institution

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