The Grumpy Economist
Welcome to the ‘Careful’ Economy

Welcome to the ‘Careful’ Economy

May 28, 2020

John Cochrane analyzes the difficulties of reopening the American economy with restrictive new protocols, argues that the enthusiasm for bringing industry back from China is overwrought, and warns that the risk of future inflation is real.

Stop Parties, Not Production

Stop Parties, Not Production

May 7, 2020

John Cochrane looks at the prospects that we’ll successfully reopen the economy without setting off another round of coronavirus outbreaks, explains what’s behind the models that got the virus’s trajectory so wrong, and explains how emergency economic measures could come back to haunt us in the future.

COVID on Campus

COVID on Campus

April 30, 2020

John Cochrane looks at how the coronavirus pandemic may alter American higher education, both in 2020 and beyond.

COVID Quandaries

COVID Quandaries

April 16, 2020

John Cochrane guides listeners through some of the toughest questions around the coronavirus: Just how deep will unemployment actually go? What kind of recovery are we in store for? How much do civil liberties have to be sacrificed to restore economic liberties? And is the Federal Reserve justified in printing more money to keep the economy afloat?

Thinking Through Phase II

Thinking Through Phase II

April 8, 2020
John Cochrane looks at the economic and public health complications that will arise from trying to restart the American economy in the wake of COVID-19
The Road to (Partially) Reopening America

The Road to (Partially) Reopening America

April 1, 2020

John Cochrane discusses the fertile middle ground between a complete shutdown of the American economy and a premature return to business as normal.

Coronavirus and the Road to Recovery

Coronavirus and the Road to Recovery

March 27, 2020

John Cochrane describes the kind of economic policies that can help America return to normal — and the kind that could impede a recovery.

Econ in the Time of Coronavirus

Econ in the Time of Coronavirus

March 19, 2020

John Cochrane explains how to contain the economic fallout from the Coronavirus while avoiding fiscal profligacy — and explains how to insulate markets from similar disruptions in the future.

How We Broke (and May be Fixing) Housing

How We Broke (and May be Fixing) Housing

March 18, 2020

John Cochrane examines the government’s role in housing, from restricting development to subsidizing low-income options to giving preferential treatment to homeowners. The good news? Some of the more extreme distortions are generating a backlash that may lead to more affordable housing in the not-too-distant future.

The Economics of a Pandemic

The Economics of a Pandemic

March 12, 2020

John Cochrane looks at the many economic dimensions of the coronavirus pandemic, from the Federal Reserve’s rate cut to proposed stimulus measures to the possible need for bailouts.