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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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...
(Disclaimer: This is a post for my academic colleagues doing monetary / fiscal policy.)
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.
Last week the administration announced President Trump’s tax proposals:
The writers behind this newsletter.
Economist at the Hoover Institution
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