The Grumpy Economist

John Cochrane's blog

Friday, January 31, 2014

Predictability and correlation

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Today another little note that I discovered while teaching. Warning: this will only be of any interest at all to time-series finance aca...
10 comments:
Monday, January 27, 2014

Prices and Returns

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Warning: this will only be interesting to academic finance people. One of the fun things about teaching is that it forces me to look back...
18 comments:
Tuesday, January 21, 2014

Bubble Busters

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The latest profession to be displaced by technology: Liberal pundit.  Bubble Busters Bubble Busters™ the App is a one-of-a-kind toolbox...
13 comments:
Monday, January 20, 2014

Larry Summers' Martin Feldstein Speech

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The latest NBER Reporter has the speech Larry Summers gave at the annual NBER "summer camp" for economists. As you would expect, ...
24 comments:
Sunday, January 19, 2014

The Big Question: Is there an alternative to Obamacare?

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A health policy discussion with Booth colleagues Matthew Gentzkow and Matthew Notowidigdo. The original is here at the Booth / Capital ...
5 comments:
Monday, January 13, 2014

Two points on inequality

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I've stayed out of the inequality - minimum wage business, largely because it strikes me as mostly political posturing rather than serio...
36 comments:

What's the Fed doing? One view

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Torsten Slok of Deutsche Bank Research, showed me a slide deck he prepared for evaluating the US economy. Here are a few fascinating graphs....
10 comments:
Thursday, January 9, 2014

Alternative Lenders

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I found an interesting article in the Wall Street Journal on Alternative Lenders  to small businesses.  Some highlights with comments. Wit...
8 comments:
Tuesday, December 31, 2013

Richmond Fed Interview

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The Richmond Fed published a long interview with me in their Econ Focus, shorter pdf (print) version here  and longer web version here . Som...
24 comments:

Making fun of people's names?

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Paul Krugman is now reduced to making fun of my name . I was alerted to the fact that we were living in a Dark Age of macroeconomics when...

Healthcare tidbits

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Tidbits that came in following my WSJ oped last week 1. I heard from a lot of people in the burgeoning market for cash only transparent se...
2 comments:
Wednesday, December 25, 2013

What to do when Obamacare unravels

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Wall Street Journal Oped December 26 2013. The unraveling of the Affordable Care Act presents a historic opportunity for change. Its propo...
38 comments:
Monday, December 23, 2013

Why English Majors (and their editors) Should Take an Economics Class

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To avoid writing silly articles, as appeared in the Sunday New York Times under the title " Triumph of the English Major ." Gerald...
30 comments:

Hope for healthcare?

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" Can this Man Save Health care ?" is another nice article about Dr. Keith Smith, founder of the Surgery Center of Oklahoma (SCO) ...
23 comments:

Williamson on the economics blogosphere

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Steve Williamson has an insightful set of posts,  Minneapolis Redux , and Journalists Looking for a Fight . They are tangentially on the Min...
3 comments:
Thursday, December 19, 2013

What if we got the sign wrong on monetary policy?

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I've been following with interest the rumblings of economists playing with an amazing idea -- what if we have the sign wrong on monetar...
42 comments:
Tuesday, December 17, 2013

Three Nobel Lectures, and the Rhetoric of Finance

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It was my great pleasure -- and honor -- to attend this year's Nobel prize ceremonies. It started with the Nobel prize lectures, whi...
43 comments:

Calomiris and Haber on the politics of bank regulation

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Foreign Affairs has a very nice article " Why Banking Systems Succeed -- And Fail: The Politics Behind Financial Institutions " by...
4 comments:
Sunday, December 15, 2013

Chris Demuth on Obamacare

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Source: Weekly Standard I found a nice Obamacare essay by Chris Demuth, " The Silence of the Liberals: Obamacare is Inimical to The...
29 comments:
Saturday, December 14, 2013

Hansen Nobel Spanish Translation

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Spanish translation of my blog post on Lars Hansen's Nobel Prize El premio Nobel de Lars Hansen (traducción al español de Pedro Cerv...
2 comments:
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About Me and This Blog

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John H. Cochrane
This is a blog of news, views, and commentary, from a humorous free-market point of view. After one too many rants at the dinner table, my kids called me "the grumpy economist," and hence this blog and its title. In real life I'm a Senior Fellow of the Hoover Institution at Stanford. I was formerly a professor at the University of Chicago Booth School of Business. I'm also an adjunct scholar of the Cato Institute. I'm not really grumpy by the way! Any opinions I express are mine alone and do not represent the position of the Hoover Institution or Stanford University.
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