DeLong's Grasping Reality: Economy in the 2000s & Before

Donald Trump Is too Old to Be President, Yet Every Day, Live on Camera, We Get the Daily Farce of Pretending This Is in Some Way Normal
We have pretended our way into a constitutional crisis. When your president can't explain the Declaration of Independence, you don’t have a presidency…
 • Brad DeLong
8% of the Flow of US Real GDP Is Likely to Vanish in the Next Three Months: The Ports Will Be Empty, & then the Shelves
Launching a strategy-less trade war has consequences: f*** around & find out what happens when you make trade policy as a side-effect of performance…
 • Brad DeLong
The AI-Bubble's Most Likely Endgame Looks to Be Not Apocalypse, But an Awful Lot of Useful Compost
All the digging will not uncover a Golden ASI Pony. But the digging will spread an awful lot fo very useful fertilizer around, in which very useful and…
 • Brad DeLong
TRUMPXIT: The Bell Tolls for Thee
We were once indispensable. Now we’re just unpredictable. Economic power runs on trust. Trump has burned trust in America to the ground. Brexit slashed…
 • Brad DeLong
The "Wall Street Journal" Tells Us: Trump Takes Command of Inflation, Which Was Massively Unsatisfactory under Biden
Journamalism in a Neofascist Chaos-Monkey Age...
 • Brad DeLong
Trumpist Chaos-Monkey Feces-Flinging in Trade Policy Continues. & It Is Turning into a Foreign-Policy Dumpster Fire...
Trump desperately wants to be on the phone with Xi Jinping, the dog has poked its nose into the steel trap, and corrupt media pretending to sanewash…
 • Brad DeLong
The Streaming Wars Were Just Plain Weird
Netflix climbs to the top of the streaming-success mountain only to see a much bigger mountain in front of it still to climb: The streaming wars were…
 • Brad DeLong
ChatGPT, Claude, Gemini, & Co.: They Are Not Brains, They Are Kernel-Smoother Functions
If your large language model reminds you of a brain, it’s because you’re projecting—not because it’s thinking. It’s not reasoning, it’s interpolation…
 • Brad DeLong
On Peter Thiel's AntiChrist
“Restrainer” Politics: Billionaire TechBro Peter Thiel, Nazi Political Philosopher-Theologian Carl Schmitt, Pacifist Christians René Girard & Wolfgang…
 • Brad DeLong
Broad-Front Political Messaging in the Age of Trump: Kilmar Abrego Garcia & Such
Out of my lane, but Trump’s extrajudicial cruelty is not a footnote—it needs to be on the front page. The casual and cruel attempt to destroy Garcia’s…
 • Brad DeLong
A Musing on Trumpian Fantasies of What the Economy Is: Shovel-Ready Self-Delusions
Start from a deeply deluded place about what the economy is & you are playing a stupid game. & so to the extent that Trump is not stopped and removed…
 • Brad DeLong
Politics as Making Hardwood Furniture with Dull Tools: Mamdani's NYC Primary Win Is Not a Win, But Only an Uncertain High-Stakes Bet
The Democratic primary is just the preseason, in that it does not count at all. A clear-eyed view of this is essential for successfully building…
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