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How do economies grow? And where on this subject do the right and left agree and disagree?
In this episode of Ricochet’s Money & Politics podcast, we discuss that issue with John Cochrane, professor of finance at the University of Chicago’s Booth School of Business. In addition to his research on asset pricing, Professor Cochrane has written on the relationship between deficits and inflation, the effects of monetary policy, and health insurance among other subjects. He also blogs as “the Grumpy Economist” at johnhcochrane.blogspot.com.
In the podcast, we discuss a blog post by left-liberal economist and Larry Summers pal Brad DeLong, “The Seven Cardinal Virtues of Equitable Growth,” which outlines the center-left perspective on growth.
Subscribe to the Money and Politics podcast here.
And you can also check me out at my American Enterprise Institute blog.