The Grumpy Economist

John Cochrane's blog

Tuesday, September 27, 2016

EconTalk

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I did an EconTalk Podcast with Russ Roberts. The general subject is economic growth, the reasons it seems to be slipping away from us and...
35 comments:
Monday, September 26, 2016

Furman on zoning

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On this day (Clinton vs. Trump debate) of likely partisan political bloviation, I am delighted to highlight a very nice editorial by Jason ...
7 comments:
Wednesday, September 21, 2016

Negative rates and inflation

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Have negative interest rates boosted inflation? Here is a nice graph (source macro-man blog , HT FT alphaville) Source: Macro-man blog ...
7 comments:
Tuesday, September 20, 2016

Immigration, trade, and child care

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Both Mr. Trump and Mrs. Clinton want to lower the cost and, presumably, increase the amount of child care. A quick economics quiz: What is t...
22 comments:
Thursday, September 15, 2016

Testimony 2

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On the way back from Washington, I passed the time reformatting my little essay for the Budget committee to html for blog readers. See below...
20 comments:
Wednesday, September 14, 2016

Testimony

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I was invited to testify at a hearing of the House budget committee on Sept 14. It's nothing novel or revolutionary, but a chance to put...
16 comments:
Tuesday, September 13, 2016

Glaeser and Summers on Infrastructure

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Ed Glaeser has a superb essay on infrastructure at City Journal, titled "If you Build It.." I have a few excerpts, but do go and ...
16 comments:
Monday, September 5, 2016

Rosenberg in New York Times

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Naomi Rosenberg's Op-Ed in the Sunday New York Times is the best piece of writing I have had the painful pleasure to read in a long time...
16 comments:
Thursday, September 1, 2016

Settlement skulduggery

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Andy Koenig had a WSJ oped on a subject getting far too little attention. When the government goes after big companies such as banks, and o...
5 comments:
Tuesday, August 30, 2016

Asset Pricing Mooc, Resurrected

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The online class "Asset Pricing" is resurrected, at least half-way. The videos, readings, slides/whiteboards and notes are all...
24 comments:
Monday, August 22, 2016

Micro vs. Macro

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The cause of sclerotic growth is the major economic policy question of our time. The three big explanations are 1) We ran out of ideas (Gord...
23 comments:
Thursday, August 18, 2016

The new voodoo

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Scott Sumner sums up contemporary stimulus proposals well ...Old hydraulic Keynesianism from the 1960s was already a pretty implausible ...
25 comments:
Tuesday, August 16, 2016

Interview, talk, and slides

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I did an interview with Cloud Yip at Econreporter, Part I and Part II , on various things macro, money, and fiscal theory of the price le...
7 comments:
Friday, August 12, 2016

Clinton Plan

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The WSJ asked me to review the Hillary Clinton economic plan, motivated by her August 11 speech introducing it.   The Op-Ed is here . I r...
49 comments:
Thursday, August 11, 2016

Zoning common sense

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Kate Kershaw Downing has posted a worthy letter of resignation from the Palo Alto Housing commission , that seems to be going viral. Palo ...
14 comments:

Regional price data

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Some big news, to me at least: The Bureau of Economic Analysis is now producing "regional price parities" data that allow you to c...
10 comments:
Tuesday, August 9, 2016

Summers on growth and stimulus

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Larry Summers has an important, and 95% excellent, Financial Times column . Larry is especially worth listening to. I can't imagine that...
37 comments:
Monday, August 8, 2016

A world without cash

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Max Raskin and David Yermack have a nice WSJ OpEd last week, " Preparing for a world without cash ." The oped summarizes their rel...
26 comments:
Thursday, August 4, 2016

A Look in the Mirror

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Tyler Cowen and Alex Tabarrok have written a splendid article, " A Skeptical View of the National Science Foundation’s Role in Economic...
10 comments:
Tuesday, August 2, 2016

Federalization of Labor

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We are getting a good hint that a centerpiece of economic policy in the Hillary Clinton administration will be an increase in Federal contro...
15 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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