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 | Daily |
|---|---|---|---|---|---|
| Issues | 141 | Founded | 3 years ago | Last Issue | 6 days ago |
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grumpy-economist.comLatest Issues
Trade Basics
Follow the money past the initial recipient. Look past the money to the underlying goods and services. A recent trade items bring these adages back to mind.
Stephen Miran attracted a lot of attention with calculations that foreigners pay...
Warsh's Challenges, Financial Regulation
I wrote two opeds on the future of the Fed for the Washington Post. Full text of the first one, focusing on monetary policy, in my previous post here. The second focusing on financial regulation is joint with Amit Seru. Now that 30 days hav...
Sluggish expectations
As part of a big revision of “Inflation”, a short book resulting from last year’s Brunner lecture, I wrote the following short section. I try to capture how central bankers talk about interest rates and inflation in a few simple equations....
Warsh's Challenges: Monetary Policy (full version)
This is an OpEd at the Washington Post. Their title: “How to protect the economy from the ghosts of 1979.” (Really 1951!) I posted an excerpt a month ago. Here is the full version.
When Kevin Warsh was nominated in January to be Fed...
On a report to the G7
The G7 (Group of 7) economic confab is on in the lovely Evian-Les-Bains, France. A group of distinguished economists produced a report on just what problems the world economy faces and what the G7 should recommend. (Front page here, report...
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Economist at the Hoover Institution
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