The Grumpy Economist

John Cochrane's blog

Monday, November 30, 2015

Fixed-income comments

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A month ago,  I attended the SF Fed/Bank of Canada conference on fixed income. I had the chance to comment on Michael Bauer and Jim Hamilton...
4 comments:
Saturday, November 28, 2015

A wise comment

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Scott Sumner passes on a wise comment from his blog : ...the main problem in America is that the public, including its highly educated mem...
12 comments:

Hounded out of business II

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Nathaniel Popper at the New York Times Dealbook, writes " Dream of New Kind of Credit Union Is Extinguished by Bureaucracy " It...
5 comments:
Wednesday, November 25, 2015

Spot insurance markets

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Obamacare/ ACA was in the news last week. Some relevant summaries, and comment below. United Health pulling out of the Obamacare exchange...
17 comments:
Tuesday, November 24, 2015

Early Fisherism

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John Taylor has an interesting blog post with a great title, " Staggering Neo-Fisherian Ideas and Staggered Contracts ." John goes...
23 comments:
Monday, November 23, 2015

Hounded out of business

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The Wall Street Journal had a nice oped, " Hounded out of business by regulators " by Dan Epstein who was, well, hounded out of bu...
8 comments:

Inflation Drumbeat

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Noah Smith has an interesting  Bloomberg View piece on Japanese inflation . Three crucial paragraph struck me ... Japanese unemployment is...
15 comments:
Wednesday, November 18, 2015

Open Letter on Economic Data

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I joined a large number of economists signing an open letter supporting funding for economic data. The letter is here , twitter #SaveTheData...
14 comments:
Thursday, November 12, 2015

Permazero

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St. Louis Fed President Jim Bullard gave a very interesting paper at the Cato monetary conference, with this great title. Jim starts ...
21 comments:
Tuesday, November 10, 2015

Taylor Truman Medal Speech

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John Taylor's speech   on receiving the Truman medal for economic policy is noteworthy. John thinks about the institutions that govern ...
3 comments:
Sunday, November 8, 2015

The 13 Trillion Dollar Question

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On Tuesday Nov 10 there will be a conference in Chicago on " The $13 Trillion Question: Managing the U.S. Government’s Debt " host...
14 comments:

Inequality and Economic Policy Published

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The Hoover Press put up for free the chapters of Inequality and Economic Policy: Essays In Memory of Gary Becker, edited by Tom Church, ...
2 comments:
Wednesday, October 28, 2015

Davis on Regulation and More

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Steve Davis has a thoughtful speech on regulation, policy uncertainty, and above all the need for simplicity.  (On the policy uncertainty w...
7 comments:
Monday, October 26, 2015

Economic Growth

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An essay. It's an overview of what a growth-oriented policy program might look like. Regulation, finance, health, energy and environment...
101 comments:
Thursday, October 22, 2015

Open-Mouth Operations

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(Note: This post uses mathjax and has embedded pictures. When posts are reposted elsewhere these often get mangled. If it's not displayi...
8 comments:
Tuesday, October 20, 2015

Swiss Deflation

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The Wall Street Journal Monday Oct 19 offers a reflection on deflation in Switzerland . "It’s as close to an economic consensus as ...
21 comments:
Monday, October 19, 2015

Do higher interest rates raise or lower inflation?

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A new working paper by that title (pdf).  Some of the main ideas are in a longish post from last August . The fact that inflation is so...
28 comments:
Tuesday, October 13, 2015

Open Borders

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Alex Tabarrok has a very nice and very short piece at the Atlantic,  The Case for Getting Rid of Borders—Completely . (HT Marginal Revolutio...
63 comments:
Tuesday, October 6, 2015

Lazear on Dodd-Frank and Capital

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Ed Lazear has a nice WSJ oped, " How not to prevent the next financial meltdown ." (Also available here via Hoover .) The main poi...
36 comments:
Thursday, October 1, 2015

Uncle Sam Spam

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I talked a bit to Binyamin Applebaum about his article in the New York Times,  Behaviorists Show the U.S. How to Improve Government Operat...
6 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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