Skip to main content

John H. Cochrane

John H. Cochrane

9 commentaries

John H. Cochrane is a senior fellow of the Hoover Institution, an adjunct scholar at the CATO Institute, and the author of The Fiscal Theory of the Price Level (Princeton University Press 2023). He maintains the Grumpy Economist blog.

Sort by: Show:
  1. John H. Cochrane on fiscal theory, bank failures, central-bank independence, and more
    GettyImages-1388383999

    John H. Cochrane on fiscal theory, bank failures, central-bank independence, and more

    Apr 4, 2023 John H. Cochrane predicts a period of stubborn inflation, explains why more regulation will not end financial crises, considers factors that may diminish faith in government-debt repayment, and more.

  2. The Liz Truss Tragedy
    cochrane7_ Jeff J MitchellGetty Images_truss Jeff J Mitchell/Getty Images

    The Liz Truss Tragedy

    Oct 25, 2022 John H. Cochrane & Jon Hartley thinks Britain’s short-lived prime minister had the right idea, but failed on execution.

  3. The End of an Economic Illusion
    cochrane6EVA HAMBACHAFP via Getty Images_inflation printing money EVA HAMBACH/AFP via Getty Images

    The End of an Economic Illusion

    Apr 15, 2022 John H. Cochrane shows how the return of inflation is forcing pundits and policymakers to abandon wishful thinking.

  4. Time for Supply
    GettyImages-1291931091 Getty Images

    Time for Supply

    Mar 3, 2022 John H. Cochrane & Jon Hartley explain the reforms needed to fix the US economy's long-ignored but single biggest problem.

  5. Why Isn't the Fed Doing its Job?
    cochrane4_Brooks Kraft Getty Images_fed reserve Brooks Kraft Getty Images

    Why Isn't the Fed Doing its Job?

    Jan 19, 2022 John H. Cochrane thinks the world’s most important central bank has lost its way and should get back to basics.

  1. COP29 Financial Inclusion is Climate Action Event Thumbnail

    PS Events: COP29 Live From Baku Session 2

    PS editors present our second session from COP29, Financial Inclusion is Climate Action.
  2. pisaniferry149_ThierryMonasseGettyImages_vonderleyen_green_industry Thierry Monasse/Getty Images

    The EU Needs a Strong Clean Industrial Deal

    Jean Pisani-Ferry, et al. tout a strategy that combines decarbonization with measures to boost competitiveness and social cohesion.
  3. ggray1_DanielBeloumouOlomoGettyImages_neonatal_ward_cameroon Daniel Beloumou Olomo/Getty Images

    The World’s Babies Need Antibiotics, Not Just Vaccines

    Glenda Gray urges the international community to help African countries prevent infant deaths from treatable infections.
  4. bp how trump won Photo by Joe Raedle/Getty Images

    How Trump Did It

    Not only did Donald Trump win last week’s US presidential election decisively – winning some three million more votes than his opponent, Vice President Kamala Harris – but the Republican Party he now controls gained majorities in both houses on Congress. Given the far-reaching implications of this result – for both US democracy and global stability – understanding how it came about is essential.

  5. 0

    The Big Picture

  6. pistor38_Beata ZawrzelNurPhoto via Getty Images_capitalismprotest Beata Zawrzel/NurPhoto via Getty Images

    Capitalism Is Driving Democracy’s Death Spiral

    Katharina Pistor argues that the financialization of the global economy has come at the expense self-governance.
  7. anheier26_Markus Lenhardtpicture alliance via Getty Images_reichstag Markus Lenhardt/picture alliance via Getty Images

    What Germany’s Next Government Must Do

    Helmut K. Anheier argues that whoever wins the upcoming snap election must make progress in four key areas.
  8. op_yhuang2_BRENDAN SMIALOWSKIAFP via Getty Images_trumpmaga Brendan Smialowski/AFP via Getty Images

    To Win Back Voters, Democrats Should Let Trump Be Trump

    Yasheng Huang

    By voting for Republican candidates, working-class voters effectively get to have their cake and eat it, expressing conservative moral preferences while relying on Democrats to fight for their basic economic security. The best strategy for Democrats now will be to permit voters to face the consequences of their choice.

    urges the party to adopt a long-term strategy aimed at discrediting the MAGA ideology once and for all.
  9. basu107_JimWatsonGettyImages_steelworkers_trump1 Jim Watson/Getty Images

    What If Trump Keeps His Promises?

    Kaushik Basu warns that the president-elect’s proposed trade policies will erode America’s competitiveness.

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.