Manage episode 298697351 series 2903307
A conversation with world class economist John Cochrane on a wide range of topics
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.
- 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