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03 - John Cochrane on Finance, the Fiscal Theory of the Price Level, and Blogging
Macro Musings with David Beckworth
English - April 25, 2016 09:12 - 57 minutes - 39.5 MB - ★★★★★ - 342 ratingsNon-Profit Business Education economics macroeconomics monetary policy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, John Cochrane, senior fellow at the Hoover Institution and blogger at The Grumpy Economist, discusses his journey into economics and finance with host David Beckworth. They also discuss the controversial fiscal theory of the price level, which argues that fiscal policy, not monetary policy set by central banks, primarily determines inflation. David’s blog: http://macromarketmusings.blogspot.com/ John Cochrane’s blog: http://johnhcochrane.blogspot.com/ John Cochrane’s Twitter: https://twitter.com/JohnHCochrane Links from today’s conversation: http://faculty.chicagobooth.edu/john.cochrane/research/papers/Campbell_Cochrane_By_Force_of_Habit_(JPE).pdf http://faculty.chicagobooth.edu/john.cochrane/research/papers/New_Structure.pdf http://isites.harvard.edu/fs/docs/icb.topic500592.files/sargent%20wallace.pdf