Videos
Why Lower Inflation Isn't Enough For Affordability
The Fed, inflation, and the economic case for long-term price stability.
October 20, 2026
John Cochrane is the Rose-Marie and Jack Anderson Senior Fellow in Economics at the Hoover Institution and the author of a new book, The Fiscal Theory of the Price Level. In this wide-ranging conversation, Cochrane discusses the root causes of inflation, what we can (and can’t) do about it, the economists who influenced his thinking, and how his father inspired him to become an academic.
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Two New Papers
It is still thrilling when a paper is finally published. And I am particularly proud of these two. I also write as Elsevier offers free downloads for 50 days. If you want one, get it now!
October 18, 2026
Videos
Monetary Policy And The Shadow Open Market Committee Since The 1970s
Mickey Levy on his early career working with Alice Rivlin at the Congressional Budget Office and with Arthur Burns at AEI, as well as being part of the Shadow Open Markets Committee from its early days in the 1970s.
October 16, 2026