News/Op-Eds John Cochrane News/Op-Eds John Cochrane

Inflation

Link here. The “Dean’s distinguished lecture” at Purdue University October 4 2024. An hour talk at an accessible level about inflation, where it comes from, and (of course) fiscal theory. Slides

Link here. The “Dean’s distinguished lecture” at Purdue University October 4 2024. An hour talk at an accessible level about inflation, where it comes from, and (of course) fiscal theory. Slides

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News/Op-Eds John Cochrane News/Op-Eds John Cochrane

Bradley Prize intro and speech

I won the Bradley Prize in 2023. Here is the video and text of my speech at the Bradley website. Bradley also does a very nice introduction video of my childhood and early career. Here is a link to the intro and speech together. Bradley allows us to write down our thanks, in order to save time at the ceremony. My letter of thanks here, and yes thank you all.

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News/Op-Eds John Cochrane News/Op-Eds John Cochrane

The Federal Reserve Can’t Cure Inflation by Itself

Wall Street Journal July 28 2022. Ending inflation will require fiscal and monetary policy acting together.

Wall Street Journal July 28 2022. Inflation was sparked by fiscal policy. The Fed’s tool to offset that is blunt: The Fed can try to cause a little bit of recession, and hope via Phillips curve that recession lowers inflation. To end inflation will require fiscal and monetary policy acting together, to fix the US long-run fiscal problem.

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