Brad DeLong has a long post up at his website, entitled “Is American Democracy Broken?”, expressing his frustration with the state of these United States. I share many of his sentiments, but near the end, he provides a list of bullets summing up “the things that make me mad” (my phrase, not his) and I…
Search Results for: Brad DeLong
Brad DeLong, encountering turbulence
I’ve previously noted that Brad DeLong, an ardent neo-Keynesian operating out of Berkeley who puts out a terrific blog on all things economic, has a deplorable habit of censoring my comments when I say things Brad doesn’t want to hear. So I’m happy to say that Brad doesn’t censor everyone who criticizes him, an excellent…
Brad DeLong, Professor of Economics and Censorship
I’m a huge fan of Brad DeLong’s “Grasping Reality with Both Hands” blog. Like Brad, I’m a pro-stimulus Krugmanite (or at least “Krugmanite-ish”) with a special interest in economic history, particularly the whole “European Miracle” thing. Unfortunately, I part company with Brad on global warming. My position is, yeah, it’s getting warmer, and it’s definitely…
Passing the buck: Smith to DeLong to Krugman
Writing in Bloomberg View, Noah Smith offers Four Ways to Help the Midwest, prompting Brad DeLong to go off on a bit of a tangent, musing about “Regional Policy and Distributional Policy in a World Where People Want to Ignore the Value and Contribution of Knowledge- and Network-Based Increasing Returns” (aka “the Human Condition”), causing…
DeLong punks Krugman
That is to say, DeLong punks Krugman if “punk” means “point out the gaping logical and factual fallacies in an opponent’s argument.” Berkeley economist Brad DeLong frequently links to Princeton economist and Nobel winner about town Paul Krugman with an enthusiasm that can approach hero worship. Today, however, Brad shows himself to be a man…
Daron Acemoğlu is an idiot!
Sure, schooling Nobel Prize-winning Ph.D.s from the London Schol of Economics on the folly/hypocrisy of cherry-picking is an ugly job, but someone’s got to do it! And who better, really, than someone with a BA in English from Oberlin College? Yeah, ole Daron put his foot in it, all right, and I’m just the guy…
Income inequality, muddle or myth? Or just plain irrelevant?
Brad DeLong, the grasping hands guy, with whom I have previously tussled on a number of occasions, recently ran a piece, Is America Today Really No More Unequal Economic Class-Wise than It Was in 1960?, attempting to sort out recent claims regarding prior claims regarding an alleged increase in economic inequality in the world today….
OMG! I’m turning into Larry Summers! But not all the time!
The truth can be ugly, can’t it? Here are, courtesy of frequent good guy yet employed by the American Enterprise Institute James Pethokoukis, a number of cogent (I think) charts to illustrate a recent cogent (I think) talk by Larry at the Peterson Institute for International Economics titled “What Should the 2023 Washington Consensus Be?”,…
Yeah, I flunked Econ 101! What’s your point?
As a matter of fact, I I didn’t flunk Econ 101, because I never took it! So what? To quote Mel Brooks, I’m an old man and I’ve got a right to talk. And, to quote another old man, Richard Nixon, “I am not an intellectual, but I do read books!” Well, I do and…
Shorter Paul Krugman: Herbert Hoover was right. Businessmen are too goddamn greedy!
Goddamn right they are. Uncle Paul tells it like it is, unlike the many times I’ve bitched or sneered at him (though mixed in, to be sure, with occasional gestures of praise). As Paul points out, all the supposedly “responsible” businessfolk, in favor of “sound” principles, have no problem with a single house of Congress,…