logo
episode-header-image
Feb 2023
1h 16m

Dropping Money From Helicopters: Economi...

HOOVER INSTITUTION
About this episode

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.

Up next
Oct 2
From Havana to Yale: Carlos Eire on Cuba, Becoming an American—and Miracles | Peter Robinson | Uncommon Knowledge
Yale historian and memoirist Carlos Eire recounts his extraordinary journey from being an 11-year-old Cuban boy in Operation Peter Pan—sent to the United States to escape Fidel Castro’s regime—to becoming a National Book Award–winning author and chaired professor at Yale. Eire di ... Show More
1h 4m
Sep 29
From Havana to Yale: Carlos Eire on Cuba, Becoming an American—and Miracles | Peter Robinson | Uncommon Knowledge
Yale historian and memoirist Carlos Eire recounts his extraordinary journey from being an 11-year-old Cuban boy in Operation Peter Pan—sent to the United States to escape Fidel Castro’s regime—to becoming a National Book Award–winning author and chaired professor at Yale. Eire di ... Show More
1h 4m
Sep 12
The Age of Depopulation With Nicholas Eberstadt | Peter Robinson | Uncommon Knowledge
Is humanity running out of people? Demographer and American Enterprise Institute scholar Nicholas Eberstadt joins Peter Robinson to explain why birthrates are collapsing across the globe—from China and Japan to Europe and the United States—and what this means for the future of pr ... Show More
55m 15s
Recommended Episodes
Jun 2013
The Physiocrats
Melvyn Bragg and his guests discuss the Physiocrats, an important group of economic thinkers in eighteenth-century France. The Physiocrats believed that the land was the ultimate source of all wealth, and crucially that markets should not be constrained by governments. Their idea ... Show More
42m 1s
Aug 2021
John Maynard Keynes
The economist John Maynard Keynes transformed 20th century economic policy. Considered one of the great minds of his age, his seminal work The General Theory of Employment, Interest and Money, sought to diagnose and find solutions to the misery and mass unemployment of the Great ... Show More
13m 10s
Jul 2022
Inflation Is Losing You Money
Inflation is at an 11-year high--what's causing it! How do we solve it, and how does it effect us (and our bank accounts)? John Cochrane, "The Grumpy Economist" joins to discuss.  Plus: Hyperinflation . . . via the French Revolution! 
1h 40m
Jun 2023
Women in Economics: Claudia Goldin on Family Economics
The history of economics has largely been written by men about men. Even when the economics of family became a burgeoning field of study in the 1970s, the woman’s role was hardly talked about. Claudia Goldin is a pioneer in the field of gender economics and her latest book Career ... Show More
22m 15s
Nov 2023
Forward Thinking on why we ignore inflation—from ancient times to the present—at our peril with Stephen King
Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank’s group chief economist from 1998 to 2015. His latest book, very prescient in timing, is We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years. ... Show More
46m 30s
Jan 2023
Isabella Weber On a New Way to Think About Inflation
In economics, there tends to be two dominant ways of thinking about inflation. Either you agree with Milton Friedman, who described inflation as always and everywhere a monetary phenomenon (the result of too much money printing). Or you're more of a New Keynesian who thinks that ... Show More
37m 35s
Sep 2021
David Henderson on the Essential UCLA School of Economics
Economist and author David Henderson talks about his book (co-authored with Steve Globerman) The Essential UCLA School of Economics with EconTalk host Russ Roberts. Much of the conversation focuses on the work of Armen Alchian and Harold Demsetz, who both saw economics as a power ... Show More
1h 7m
Jun 2022
The Economist Asks: How can governments fight inflation?
Consumer prices across the rich world are rising by more than 9% year on year, the highest rate since the 1980s. Paul Krugman, the Nobel prize-winning economist, talks to host Anne McElvoy and Henry Curr, The Economist’s economics editor, about how governments and central banks s ... Show More
28m 25s
Sep 2022
The Rise of Inflation & the Great Demographic Reversal | Charles Goodhart
In Episode 272 of Hidden Forces, Demetri Kofinas speaks with economist and author Charles Goodhart. Professor Goodhart is widely recognized for his contributions to the fields of monetary economics and central bank policy and is famously associated with what we commonly refer to ... Show More
54m 23s