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…
Tag: Brad DeLong
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….
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…
Q: Why did neoliberalism replace social democracy? A. Because social democracy failed. Next question!
“No, I Do Not Think the Microprocessor Doomed Social Democracy”, a substackin’ Brad DeLong exclaims, linking to a “very nice” (Brad says) piece by Arthur Goldhammer in Democracy, Chip Shots, a review of Chris Miller’s Chip War: The Fight for the World’s Most Critical Technology and quoting an extensive chunk of it, edited by Brad,…
Why, oh, why can’t we have better UCal Berkeley Economics Professors?
I agree with UCal Berkeley econ dude Brad DeLong maybe 75% of the time, though I almost always confine my comments about him to the 25%. Well, this is one of those times. Like so many of the cool kids, Brad has a substack blog, Brad DeLong’s Grasping Reality and recently he took what struck…
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…
Please remove the beam from thine eye before asking me to remove the beam from mine eye Dept.
There I go again, attacking one of my favorite bloggers. Brad DeLong runs an item that reads, in its entirety, thus: The Los Angeles Times Gives John M. Ellis and Charles L. Geshekter a Platform to Oppose a Just, Free, and Equal Society If Ellis and Geshekter think that America should not aim to be…
Brad DeLong: When smart people get lazy
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…
Inside of (some) neoliberals there is a socialist struggling to get out
I’m a big fan of Brad DeLong’s “Grasping Reality” blog. Brad is a liberal neoliberal’s liberal neoliberal. He knows a great deal about economic history, and knows that it was capitalism, and nothing else, that turned western civilization from a good deal for the top 10 percent into a good deal for potentially everyone. At…
Barack Obama: Failing to appease the unappeasable
Poor Barack Obama! No matter how hard he tries to make Wall Street and the CIA love him, they won’t. Brad DeLong asks why the Wall Street big shots are crying and then answers his own question: What is there about 50% real increases in equity values over less than 3 ½ years that is…