Archive - The Grumpy Economist

Central bank independence talk.

This is the 10 minute version of my longer post on central bank independence, for the Peterson Institute Conference on Central Bank Independence Oct 31

Oct 31 •

John H. Cochrane

Central Bank Independence

This is a draft essay behind my presentation at the Peterson Institute conference “Central Bank Independence in Practice” Oct 31 2025.

Oct 29 •

John H. Cochrane

A tale of regulation

Holman Jenkins writes in Saturday’s Wall Street Journal

Oct 26 •

John H. Cochrane

A note on tariffs from the real world

I had an interesting correspondence with the CEO of a fairly large retailer, in response to the latest Goodfellows.

Oct 25 •

John H. Cochrane

Trump's monetary policy desires aren't crazy

This is a WSJ OpEd that I will publish in full in 30 days.

Oct 23 •

John H. Cochrane

Knowledge, Decisions, and Incentives

(This is an essay about Tom Sowell’s Knowledge and Decisions. I prepared it for a panel discussion at the Hoover Tom Sowell celebration, which will…

Oct 20 •

John H. Cochrane

Swiss reflections

I’m just home from Switzerland, where I gave the Karl Brunner Lecture. It is always eye opening to travel and see how other countries do things, and…

Oct 13 •

John H. Cochrane

On Friday I had the pleasure of discussing a great new paper, “What does it Take?

Oct 12 •

John H. Cochrane

Health incentives

Two nice articles came up recently on the health care and insurance mess.

Oct 7 •

John H. Cochrane

September 2025

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts