The Grumpy Economist
Subscribe
Sign in
Home
Archive
About
Latest
Top
Discussions
Trump and monetary policy: Full Oped
This is a WSJ oped that I can now publish in its entirety.
Nov 23
•
John H. Cochrane
86
28
10
Brazilian Inflation and Disinflation
Last week I read a nice capsule history of Brazilian inflation, by Pedro Carvalho.
Nov 22
•
John H. Cochrane
75
6
11
Price Control Apologia
My colleague and friend Neale Mahoney writes in favor of price and rent controls in the Sunday New York Times, with Bharat Ramamurti.
Nov 16
•
John H. Cochrane
269
81
51
Causation Does not Imply Variation
Tyler Muir suggested this lovely catchphrase, which should stand next to “Correlation does not imply causation” in our menagerie of econometric sayings.
Nov 10
•
John H. Cochrane
132
26
27
NBER Asset Pricing Lessons
I had the great pleasure of attending the morning session of the NBER Asset Pricing Program at Stanford last Friday.
Nov 8
•
John H. Cochrane
59
5
7
October 2025
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
59
19
13
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
46
14
5
A tale of regulation
Holman Jenkins writes in Saturday’s Wall Street Journal
Oct 26
•
John H. Cochrane
115
34
11
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
121
175
18
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
85
54
20
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
115
24
18
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
98
28
13
This site requires JavaScript to run correctly. Please
turn on JavaScript
or unblock scripts
