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Brief Musings on Economists, Economic Ideas, & the Cold War
In the end George Kennan was right: containment was the way to win the Cold War because, ultimately, the really-existing socialist system inside the…
Oct 3
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Brad DeLong
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Brief Musings on Economists, Economic Ideas, & the Cold War
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A Note of Puzzlement on Kevin McCarthy's Strategy
I read this as McCarthy tacking left while trying not to say so, and throwing Ukraine under the bus—for the moment at least—to give MAGA-heads & those…
Oct 3
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Brad DeLong
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A Note of Puzzlement on Kevin McCarthy's Strategy
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September 2023
BRIEFLY NOTED: For 2023-09-30 Sa
Thomas Hirst on center-right politicians worshipping at cold altars; dueling estimates of the "neutral" interest rate r*; BPEA conference day 1; very…
Sep 30
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Brad DeLong
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It Appears We Are Almost at the End of the Glidepath to an Inflation Soft Landing...
& yet there does seem to be a very curious disjunction between chatter and current-data reality. A great deal of this is clickbait noise-and-fluff, …
Sep 29
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Brad DeLong
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It Appears We Are Almost at the End of the Glidepath to an Inflation Soft Landing...
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1. Guesstimating Typical Living Standards in the Agrarian Age
For Econ 210a S 2024; time to apply all the lessons I have learned in the past decade to rejiggering how "Introduction to Economic History for Graduate…
Sep 29
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1. Guesstimating Typical Living Standards in the Agrarian Age
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BRIEFLY NOTED: For 2023-09-28 Th
Deaths of despair among the less well-educated; Harvard grade inflation; Fox News misinformation is not just political; very briefly noted; McCoy on…
Sep 28
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Brad DeLong
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Worth Teaching "Efflorescences & Dark Ages" in a History-of-Economic-Growth Unit?
& I, Somewhat Unexpectedly, Have Another Course to Teach in the Spring! Yes, I am picking up Econ 210a: Introduction to Economic History, for first-year…
Sep 28
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Brad DeLong
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Worth Teaching "Efflorescences & Dark Ages" in a History-of-Economic-Growth Unit?
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PROJECT SYNDICATE: America's Broken Civic Bargain
I was going to write a review of Manville and Ober's brand-new survey of democracy in four societies, but I got sidetracked. So instead, I wrote about…
Sep 28
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PROJECT SYNDICATE: America's Broken Civic Bargain
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Reinvested-Portfolios Wealth Accumulations Starting in 1870
(No transaction costs, no taxes, annual January rebalancing at month average prices, diversified stocks vs. long-term Treasuries, stock leverage ratios…
Sep 25
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Brad DeLong
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Reinvested-Portfolios Wealth Accumulations Starting in 1870
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Identity Politics:
Maybe it's what it sounds like, and maybe that's a good thing
Published on Yastreblyansky’s Substack
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Sep 25
BRIEFLY NOTED: For 2023-09-25 Mo
1/50 of people who die are still dying of COVID; NBER conference on GPT-LLM-ML; US budget deficits; very briefly noted; & Baldwin & Grozoubinski on…
Sep 25
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Brad DeLong
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"Civic Friendship": The Baseline Requirement for Democracy, & Incompatible with the Financial Flows Underpinning the Republican Ecology
Thus what Manville and Ober's "The Civic Bargain: How Democracy Survives" has managed to do is to convince me that we are much more likely totally hosed…
Sep 25
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Brad DeLong
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"Civic Friendship": The Baseline Requirement for Democracy, & Incompatible with the Financial Flows Underpinning the Republican Ecology
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