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J. Bradford DeLong
Berkeley, CA
J. Bradford DeLong is an economist teaching at the University of California at Berkeley.
Interests: history, economic history, information age, political economy, grand strategy, international relations, material culture., information technology, economics
Recent Activity
**Live from the Orange-Haired Baboon Cage: Duncan Black**: _[Conservative Principles][]_: "One of my least favorite liberal tics is to grant there was some time when American conservatism was some sort wrong but noble affair... [Conservative Principles]: http://www.eschatonblog.com/2017/02/conservative-principles.html >...and to appeal to various horrible things as some deviation from those principled... Continue reading
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**Dietz Vollrath** (2017): _[Who Are You Calling Malthusian?][]_ <>: "My concept of a Malthusian economy involves.... >...First, living standards are negatively related to the size of population... fixed factor[s] of production... agricultural land, but you could just say resources.... Second... population growth is positively related to living standards.... At this... Continue reading
**Should-Read: Simon Wren-Lewis**: _[The academic consensus on austerity solidifies, but policymakers go their own sweet way][]_: "Any fiscal expansion in the US would not be for Keynesian reasons... [The academic consensus on austerity solidifies, but policymakers go their own sweet way]: https://mainlymacro.blogspot.co.uk/2017/02/the-academic-consensus-on-austerity.html >...There remains a clear and rather urgent need... Continue reading
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Willie Stark learns that his backers are not good-government types who want the best for the state, but rather from the Harrison machine and want him in the race as a spoiler candidate: **Robert Penn Warren** (1946): _[All the King's Men][]_: "Then Willie [Stark] stood all alone by the table...... Continue reading
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The United States had an immense boom in the 1990s. That was in the end financial disappointing for those who invested in it, but not because the technologies they were investing in did not pan out as technologies, not because the technologies deliver enormous amounts of well-being to humans, but... Continue reading
**Must-Reads:** * **Kaushik Basu**: _[America’s Dangerous Neo-Protectionism][]_: "NEW YORK – US President Donald Trump is about to make a policy mistake... * **Dietrich Vollrath** (2016): _[The Returns to Societal Capital][]_: "Brad DeLong... points out that much of our prosperity comes from a stock of societal capital that we unknowingly rely... Continue reading
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**Over at [Equitable Growth](http://EquitableGrowth.org): Must- and Should-Reads:** * **Dani Rodrik**: _[Global Citizens, National Shirkers][]_: "I know what a 'global citizen' looks like... * **Raj Chetty et al.**: _[Mobility Report Cards: The Role of Colleges in Intergenerational Mobility][]_: "We characterize rates of intergenerational income mobility at each college in the United... Continue reading
**Must-Read: Noah Smith**: _[On Twitter: A Haiku for Humanity][]_: >For a brief summer We were valuable as Microcontrollers [On Twitter: A Haiku for Humanity]: https://twitter.com/Noahpinion/status/834100287203733505 Continue reading
**Must-Read: Jim Tankersley**: _[Obama solved one economic crisis. It's the second that haunts him][]_: "If you worked a factory shift in Michigan in January 2009... [Obama solved one economic crisis. It's the second that haunts him]: http://www.vox.com/2017/1/11/14233248/obama-solved-economic-crisis-middle-class-haunts-him >...you were wrestling with two manners of economic crisis. One was the immediate... Continue reading
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**Must-Read: Raj Chetty et al.**: _[Mobility Report Cards: The Role of Colleges in Intergenerational Mobility][]_: "We characterize rates of intergenerational income mobility at each college in the United States using administrative data for over 30 million college students from 1999-2013... [Mobility Report Cards: The Role of Colleges in Intergenerational Mobility]:... Continue reading
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Sukkoo Kim (2006): Division of Labor and the Rise of Cities: Evidence from US Industrialization 1850-1880 _Journal of Economic Geography_ 6, pp.469-491. <> If commodities are fully rival and excludible—i.e., the resources devoted to the production of one unit are thereby used up, and cannot be used to aid in... Continue reading
Alexander Klein and Nicholas Crafts (2015): Agglomeration Economics and Productivity Growth, U.S. Cities, 1880-1930 <> ---- If commodities are fully rival and excludible—i.e., the resources devoted to the production of one unit are thereby used up, and cannot be used to aid in the production of a second unit; and... Continue reading
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Richard Hornbeck and Daniel Keniston (2014): Creative Destruction: Barriers to Urban Growth and the Great Boston Fire of 1872 <> ---- If commodities are fully rival and excludible—i.e., the resources devoted to the production of one unit are thereby used up, and cannot be used to aid in the production... Continue reading
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Hoyt Bleakley and Jeffrey Lin (2012): Portage and Path Dependence _Quarterly Journal of Economics_ 127 (May): 587–644 <> If commodities are fully rival and excludible—i.e., the resources devoted to the production of one unit are thereby used up, and cannot be used to aid in the production of a second... Continue reading
My Great^6 Grandfather James DeLong left his bones in Wichita. But he did so only after carrying out the first-ever extraordinary rendition on the past of the U.S. government, and then getting fired by Abraham Lincoln for being too aggressive in waging the Civil War on all possible fronts... ----... Continue reading
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[The Box That Changed the World](http://www.project-syndicate.org/commentary/the-box-that-changed-the-world) (July 25, 2006): It is 40 feet long, 8.5 or 9.5 feet high, and eight feet wide. It carries up to 29 tons in its 2,000 cubic feet of recommended available space – goods worth roughly $500,000 (or more) when sold at retail. It,... Continue reading
**Live from the Economists' Self-Made Gehenna: Dani Rodrik**: _[On Twitter: "Once asked a job candidate][] how he'd teach macro at HKS: "I'd use an OLG model, and since this is an intro course, not include money in it." [On Twitter: "Once asked a job candidate]: https://twitter.com/rodrikdani/status/833055243587952640 Continue reading
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**Weekend Reading: Lyndsey Gilpin**: _[Cancer Rates Are Dropping—But Not In Rural Appalachia | FiveThirtyEight][]_: "Just over a year ago, Natasha Lucas, an agent for the University of Kentucky’s Owsley County Extension Office... >...needed a local lung cancer survivor to speak at a popular annual cancer awareness event in Booneville, Kentucky.... Continue reading
Outsourced to: **Elizabeth Kolbert**: _[Hosed][]_: "One commentator predicted that by 1930 horse manure would reach the level of Manhattan’s third-story windows... [Hosed]: http://www.newyorker.com/magazine/2009/11/16/hosed >...Then, almost overnight, the crisis passed.... By 1912, autos in New York outnumbered horses.... All the anxieties about a metropolis inundated by ordure had been misplaced. This... Continue reading
It's disturbing. As we face the probable abrogation of NAFTA, possible trade wars with China, Germany, and others, and the total cluster**** that is the Trump administration's policies (if any) toward NATO and Russia, a number of really smart and really well-intentioned people are, I think, making rhetorical--and in some... Continue reading
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It's disturbing. As we face the probable abrogation of NAFTA, possible trade wars with China, Germany, and others, and the total cluster**** that is the Trump administration's policies (if any) toward NATO and Russia, a number of really smart and really well-intentioned people are, I think, making rhetorical--and in some... Continue reading
**Should-Read: Dani Rodrik**: _[Global Citizens, National Shirkers][]_: "I know what a 'global citizen' looks like... [Global Citizens, National Shirkers]: https://www.project-syndicate.org/commentary/limits-of-global-citizenship-by-dani-rodrik-2017-02 >...I see a perfect specimen every time I pass a mirror. I grew up in one country, live in another, and carry the passports of both. I write on global... Continue reading
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**Eric Holthaus**: _[@EricHolthaus][]_: "Now that it's over, we can say for sure: 2016 was the warmest year we've ever measured on Earth." We need to remember who the deniers and the skeptics have been over the past 30 years: bad judgments and corrupt arguments need to be remembered. First of... Continue reading
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**Over at [Equitable Growth](http://EquitableGrowth.org): Must- and Should-Reads:** * **Paul Krugman**: _[Trump's Rosy Scenario][]_: "The claimed returns to Trumpnomics are close to the highest growth rates we’ve seen under any modern administration... * **Michael Berube**: _[Theory Tuesday III][]_: "Sean [McCann]’s account of [how]... * **Dietrich Vollrath** (2015): _[What Assumptions Matter for... Continue reading
**Must-Read:** Five things are going on with respect to America's blue-, pink-, and--increasingly--white lower-middle and middle-middle working classes. Three of them are real, and two of them are fake: 1. Technology: It has--worldwide--greatly amplified manufacturing labor productivity, accompanied by limited demand for manufactured goods: few of us want more than... Continue reading