Dropping Money From Helicopters: Economist John Cochrane On Inflation | Peter Robinson | Hoover Institution

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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For more than two decades the Hoover Institution has been producing Uncommon Knowledge with Peter Robinson, a series hosted by Hoover fellow Peter Robinson as an outlet for political leaders, scholars, journalists, and today’s big thinkers to share their views with the world. Guests have included a host of famous figures, including Paul Ryan, Henry Kissinger, Antonin Scalia, Rupert Murdoch, Newt Gingrich, and Christopher Hitchens, along with Hoover fellows such as Condoleezza Rice and George Shultz. “Uncommon Knowledge takes fascinating, accomplished guests, then sits them down with me to talk about the issues of the day,” says Robinson, an author and former speechwriter for President Reagan. “Unhurried, civil, thoughtful, and informed conversation– that’s what we produce. And there isn’t all that much of it around these days.” The show started life as a television series in 1997 and is now distributed exclusively on the web over a growing network of the largest political websites and channels. To stay tuned for the latest updates on and episodes related to Uncommon Knowledge, follow us on Facebook and Twitter. For more than two decades the Hoover Institution has been producing Uncommon Knowledge with Peter Robinson, a series hosted by Hoover fellow Peter Robinson as an outlet for political leaders, scholars, journalists, and today’s big thinkers to share their views with the world. Guests have included a host of famous figures, including Paul Ryan, Henry Kissinger, Antonin Scalia, Rupert Murdoch, Newt Gingrich, and Christopher Hitchens, along with Hoover fellows such as Condoleezza Rice and George Shultz. “Uncommon Knowledge takes fascinating, accomplished guests, then sits them down with me to talk about the issues of the day,” says Robinson, an author and former speechwriter for President Reagan. “Unhurried, civil, thoughtful, and informed conversation– that’s what we produce. And there isn’t all that much of it around these days.” The show started life as a television series in 1997 and is now distributed exclusively on the web over a growing network of the largest political websites and channels. To stay tuned for the latest updates on and episodes related to Uncommon Knowledge, follow us on Facebook and Twitter.