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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.

On Biden's Pardon

President Biden pardoned Hunter. Condemnation followed predictably and widely, even in the Atlantic and New York Times.

19 days ago
135
69

Central bankers can be too independent

ECB President Christine Lagarde provides a view into central banks pretty much diametrically opposed to Michelle Bowman’s, from my last post.

a month ago
85
31

Bowman and "Pragmatic" Policy

Fed Governor Michelle Bowman gave a very interesting speech last week. You might miss some of the news in her un-grumpy even tempered tone. Not much would be that newsworthy coming from a critic, but it is refreshing from a Fed insider.

a month ago
51
12

The Popularity of Planning

When we think of the astounding influence of economists such as Milton Friedman, George Stigler, Gary Becker and more, it is hard to remember just how much the socialist planning ideology was commonplace at the time.

a month ago
75
43

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Authors

The writers behind this newsletter.

  • John H. Cochrane

    Economist at the Hoover Institution

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