John Cochrane on U.S. Economic Outlook, Fed Policy

Aug. 16 (Bloomberg) -- John Cochrane, a professor of finance at the University of Chicago's Booth School of Business, discusses government stimulus versus austerity measures. Cochrane, speaking with Tom Keene, Scarlet Fu and Sara Eisen on Bloomberg Television's "Surveillance," also discusses U.S. tax policy and regulation. (Source: Bloomberg)