Articles
Immaculate Disinflation
Today I’m going to talk about immaculate disinflation — lower inflation without recession.
November 11, 2026
In the inaugural installment of The Grumpy Economist podcast, John Cochrane explains why concerns over economic inequality in America are vastly overblown, why a wealth tax is an especially pernicious form of taxation, and why anxiety over the super-rich playing a disproportionate role in American politics are misplaced.
Related
Articles
The Trade War Leaves The Biggest Barriers Standing
Nontariff measures—protectionism by another name—quietly interfere with open markets. America and the world should take them on.
November 11, 2026
Videos
Industrial Policy: The Case Of Shipbuilding
The United States produces very few ships. China produces many. Why?
November 11, 2026