4min chapter

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

Uncommon Knowledge

CHAPTER

What Is Long-Term Growth?

John Cochran: I wrote a book about inflation because I have some answers about inflation. But the important thing, if I... Your next book. If I were to write a book about what matters, I would write a book on long-term growth. Charlie Munger once said that he and Warren Buffett made a lot of money by not being stupid. John Cochran: Many people in the economic profession are following modern today's political fads.

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