Yes, there will be some inflation—base effects and sectoral shifts and simply the speed of reopening will create bottlenecks in the system, and those with pricing power will take advantage. But—unless the coronavirus plague has done a lot more damage to the economic division of …
If the Fed had hit its target since 2007, the price level now would be 9.6% higher than it is. When excess of C.P.I. core inflation reaches +9.6%, come…
Brad DeLong
PODCAST: Hexapodia X: Global WarmingListen now | Noah Smith & Brad DeLong, with Zeke Hausfather: Fifteen years ago "solar power" was going to be burning switchgrass in a closed-carbon cyc…
Brad DeLong
First since the plague began, 2021-04-13 Tu 14:00-16:00 PDT, & things that went whizzing by that I want to remember
Brad DeLong
Things that went whizzing by that I want to remember... When you buy an option from somebody who then delta-hedges it, what you really have done is: (a…
Brad DeLong
We need this stuff, badly... The share of our Gross Domestic Product invested in federally funded research and development has fallen from around 2 per…
Brad DeLong
As it really existed. My reaction to teaching one week on "Behind the Iron Curtain" was that I wish I could teach a whole seminar course on it...
Brad DeLong
Econ 135 :: History of Economic Growth: 5.5.1
Brad DeLong
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