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John H. Cochrane

John H. Cochrane

Writing for PS since 2021
7 commentaries

John H. Cochrane is a senior fellow at the Hoover Institution.

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  1. The End of an Economic Illusion
    cochrane6EVA HAMBACHAFP via Getty Images_inflation printing money EVA HAMBACH/AFP via Getty Images

    The End of an Economic Illusion

    Apr 15, 2022 John H. Cochrane shows how the return of inflation is forcing pundits and policymakers to abandon wishful thinking.

  2. Time for Supply
    GettyImages-1291931091 Getty Images

    Time for Supply

    Mar 3, 2022 John H. Cochrane & Jon Hartley explain the reforms needed to fix the US economy's long-ignored but single biggest problem.

  3. Why Isn't the Fed Doing its Job?
    cochrane4_Brooks Kraft Getty Images_fed reserve Brooks Kraft Getty Images

    Why Isn't the Fed Doing its Job?

    Jan 19, 2022 John H. Cochrane thinks the world’s most important central bank has lost its way and should get back to basics.

  4. The Ghost of Christmas Inflation
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    The Ghost of Christmas Inflation

    Dec 23, 2021 John H. Cochrane sees surging US prices as the foreseeable result of fiscal stimulus outstripping the economy's capacity.

  5. The Revenge of Supply
    cochrane2_JIM WATSONAFP via Getty Images_labor shortage JIM WATSONAFP via Getty Images

    The Revenge of Supply

    Oct 22, 2021 John H. Cochrane attributes recent prices surges, production bottlenecks, and shortages to misguided policy priorities.

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  1. signe10_ISSOUF SANOGOAFP via Getty Images_africatextilemanufacturing Issouf Sanogo/AFP via Getty Images
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    The Key to Unlocking Africa’s Economic Potential

    Landry Signé explains why fostering trade integration and regional value chains is essential for the continent to prosper.
  2. james196_Michael M. SantiagoGetty Images_unitednations Michael M. Santiago/Getty Images
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    Geopolitical Davids and Goliaths

    Harold James considers lessons from smaller countries about how to wield power and influence in the twenty-first century.
  3. barroso10_MAMYRAELAFP via Getty Images_covax MAMYRAEL/AFP via Getty Images
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    Preparing for the Next Global Catastrophe

    José Manuel Barroso explains why global leaders must focus on creating equitable response mechanisms ahead of the next crisis.
  4. bergamaschi2_ ALBERTO PIZZOLIAFP via Getty Images_heatwave italu ALBERTO PIZZOLI/AFP via Getty Images
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    Italy’s Next Government Must Tackle Climate Security

    Luca Bergamaschi shows why the country’s politicians can no longer afford to ignore a major threat to national security.
  5. Tubiana13_Getty Images Getty Images
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    Europe and the New Non-Alignment

    Laurence Tubiana

    Despite the massive civilian suffering in Ukraine, many countries have been wary of taking sides, owing both to a perception of European double standards and to Russia’s leverage over energy and commodity prices. But while new geopolitical dynamics have complicated climate advocacy, they certainly haven't derailed it.

     sees both challenges and opportunities for climate policy in an era of geopolitical fragmentation.
  6. cliffe7_ EDUARDO SOTERASAFP via Getty Images_drought eastern africa EDUARDO SOTERAS/AFP via Getty Images
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    The Sting of Climate Risk Is in the Tails

    Mark Cliffe thinks conventional models have overemphasized the long term at the expense of more immediate threats.
  7. agar7_Getty Images_ai teacher Getty Images
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    Should Humanities Professors Be Automated?

    Nicholas Agar considers the implications of recent successes with AI-generated academic research and writing.
  8. GettyImages-1242343947 SOPA Images / Contributor via Getty Images
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    Should Energy Companies’ Windfall Profits Be Taxed?

    Imposing a one-off tax on energy companies’ extraordinary profits might seem like a no-brainer at a time of soaring inflation, but the idea has more than a few detractors. As policymakers in a growing number of economies move ahead, we asked PS commentators whether they are right to do so.

  9. solana145_Nathan PosnerAnadolu Agency via Getty Images_biden Nathan Posner/Anadolu Agency via Getty Images
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    The Global Necessity of American Democracy

    Javier Solana shows why the political health of the United States has become a matter of global concern.

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