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 | 124 | Founded | 2 years ago | Last Issue | 6 days ago |
| Active | |||||
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grumpy-economist.comLatest Issues
1979 update
From Jesper Rangvid Disclaimer, this is thought provoking fun, not serious analysis.
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Book Sale
It’s a great moment to buy usually overpriced books at Princeton:
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The Iran War Doesn’t Have to Be a Rerun of ‘That ’70s Show’
Wall Street Journal April 1 2026. Now that 30 days have passed, I can post it.
Are we headed for stagflation and recession? The parallels with the 1970s are ominous: Inflation surges and then retreats but gets stuck a bit too high. Troubl...
Inside the Fed's Balance Sheet
A video and podcast interview with Darrell Duffie, based on his excellent recent article. Click here to watch/listen via Hoover’s Freedom Frequency series.
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War and Interest Rates
You knew about oil prices, discussed in a previous post. Now attention is turning to the sharp rise of long-term interest rates. From Ian Smith, Sam Fleming, and Olaf Storbeck in the Financial Times:
From Sam Goldfarb at the Wall Street J...
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Economist at the Hoover Institution
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