#24 - John Cochrane, The Grumpy Economist

The Narrative Monopoly

A conversation with world class economist John Cochrane on a wide range of topics

Bio

John Cochrane is the Rose-Marie and Jack Anderson Senior Fellow of the Hoover Institution at Stanford University and the author of The Grumpy Economist Blog. Before that John was a Distinguished Senior Fellow of the University of Chicago Booth School of Business, he’s taught both MBA and PhD programs. And a fellow of the Becker-Friedman Institute, a Research Associate of the National Bureau of Economic Research. He is a past President and Fellow of the American Finance Association, and a Fellow of the Econometric Society. He’s served as the editor of numerous economics journals. He earned a Bachelor’s degree in Physics at MIT, and earned his Ph.D. in Economics at the University of California at Berkeley.

Times

• 0:15 - Intro
• 1:30 - How did John become an economist?
• 4:15 - How has the field of economics changed since John got started in it?
• 7:00 - Are we all Keynesians now?
• 10:15 - What’s going on with inflation?
• 15:45 - Putting modern American life in perspective
• 19:15 - Covid & the incompetence of bureaucracy
• 22:30 - Counter culture
• 28:30 - Woke vs Woodstock
• 33:00 - Central banks getting involved in climate policy
• 38:45 - The role of the Press, the failure of the Press and the 1st Amendment
• 49:15 - The Grumpy Economist & blogging lessons
• 53:30 - r < g (govt debt)
• 59:00 - What & when of a debt crisis
• 1:07:15 - What is John’s specialty? (If there is one)
• 1:09:00 - Closing thoughts

Links

The Grumpy Economist blog

GoodFellows podcast

narrativemonopoly.com