John Cochrane, a professor at the University of Chicago Boot

UNITED STATES - SEPTEMBER 24: John Cochrane, a professor at the University of Chicago Booth School of Business, testifies to the House Financial Services Committee hearing in Washington, D.C., on Thursday, Sept. 24, 2009. The committee discussed systemic risk and how the U.S. can avoid another financial crisis. (Photo by Joshua Roberts/Bloomberg via Getty Images)
UNITED STATES - SEPTEMBER 24: John Cochrane, a professor at the University of Chicago Booth School of Business, testifies to the House Financial Services Committee hearing in Washington, D.C., on Thursday, Sept. 24, 2009. The committee discussed systemic risk and how the U.S. can avoid another financial crisis. (Photo by Joshua Roberts/Bloomberg via Getty Images)
John Cochrane, a professor at the University of Chicago Boot
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