"Bradley Prize speech"
June 12, 2023
Economist John Cochrane "condense[s] three decades of policy writing into 10 minutes". It's a very bracing dose of old-time Chicago school economics.
Creeping stagnation ought to be recognized as the central economic issue of our time. . . .
Why are we stagnating? In my view, the answer is simple: America has the people, the ideas, and the investment capital to grow. We just can’t get the permits. We are a great Gulliver, tied down by miles of Lilliputian red tape.