An Autopsy for the Keynesians: John Cochrane

The video discusses John Cochran's views on the decline of Keynesian ideas in economic policy, highlighting Japan's economic challenges and the success of US policies. It debates the relevance of different economic theories and emphasizes the need for further stimulus to achieve sustainable recovery and wage growth.

What is John Cochran's perspective on the resurgence of Keynesian ideas?

• He is neutral about their impact.

• He supports their implementation in Japan.

• He thinks they are fading away from economic policy.

• He believes they are gaining popularity.

What was one of the key mistakes in Japan's economic policy?

• Increasing sales taxes

• Cutting government spending

• Reducing interest rates

• Implementing strict trade policies

How does the speaker view the effectiveness of Keynesian policies in the United States?

• They are similar to European policies.

• They have led to economic decline.

• They have strengthened the economy.

• They have been ineffective.

What is the speaker's opinion on the declaration of economic recovery victory?

• It is overdue.

• It is irrelevant.

• It is premature.

• It is well-timed.

What is suggested as necessary for achieving sustainable economic recovery?

• Decreasing interest rates

• Reducing taxes

• Increasing exports

• Further stimulus