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Good news: this will make Berkeley an even more lively and interesting place:
LaborProf Blog: Reich Moving to UC Berkeley: The Washington Post is reporting that former Clinton administration Labor Secretary Robert Reich will take a faculty position at the University of California, Berkeley...
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"I now know it is a rising, not a setting, sun" --Benjamin Franklin, 1787
J. Bradford DeLong, Professor of Economics at U.C Berkeley, a Research Associate of the NBER, a Visiting Scholar at the Federal Reserve Bank of San Francisco, and Chair of Berkeley's Political Economy major.
Among his best works are: "Is Increased Price Flexibility Stabilizing?" "Productivity Growth, Convergence, and Welfare," "Noise Trader Risk in Financial Markets," "Equipment Investment and Economic Growth," "Princes and Merchants: European City Growth Before the Industrial Revolution," "Why Does the Stock Market Fluctuate?" "Keynesianism, Pennsylvania-Avenue Style," "America's Peacetime Inflation: The 1970s," "American Fiscal Policy in the Shadow of the Great Depression," "Review of Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain," "Between Meltdown and Moral Hazard: Clinton Administration International Monetary and Financial Policy," "Productivity Growth in the 2000s," "Asset Returns and Economic Growth."
The Eighteen-Year-Old is going to college next year, which means that I need to think about making more money. (The idea that one might write checks to rather than receive checks from universities is now strange to me.) So I have signed up with the Leigh Speakers' Bureau which also handles, among many others: Chris Anderson; Suzanne Berger; Michael Boskin; Kenneth Courtis; Clive Crook; Bill Emmott; Robert H. Frank; William Goetzmann; Douglas J. Holtz-Eakin; Paul Krugman; Bill McKibben; Paul Romer; Jeffrey Sachs; Robert Shiller;James Surowiecki; Martin Wolf; Adrian Wooldridge.
Well, here's faculty member that you most assuredly will always be able to look down upon. :>
Posted by: a different chris | July 29, 2005 at 08:15 AM
Fantastic,
a great addition to UC Berkeley!
Posted by: jeet | July 29, 2005 at 08:32 AM
Brad, don't you as faculty get any sort of inside track on these things? Or do you learn about it from blogs and newspapers like the rest of us?
Posted by: A. User | July 29, 2005 at 08:33 AM
OK, so back in the 90s, Paul Krugman held a very, very dim view of Reich's work on things like international competitiveness, and essentially suggested that any card-carrying economist would know enough about comparative advantage to roll their eyes in a similar orbit. Was there any resolution to this?
(Yes, Paul Krugman used to slam Democrats. Sometimes even harder than Republicans.)
Posted by: Jonathan W. King | July 29, 2005 at 09:28 AM
He said it would make Berkeley a more interesting place, not a more comfortable place. Some of us value one, some the other.
Posted by: wkwillis | July 29, 2005 at 10:06 AM
Will that be in the econ department, or in the police studies and criminal justice department?
http://www.crooksandliars.com/2005/07/23.html#a4111
Posted by: jerry | July 29, 2005 at 10:12 AM
Public Policy, fortunately. The Econ department already has a Reich.
Sheesh. In ten minutes I still can't think of a clever "Second Reich" joke; particularly since the already existing Reich is such a sweet guy.
Posted by: Saam Barrager | July 29, 2005 at 03:25 PM
THey reported this in the Globe a while ago. He's already been a visting professor there twice.
His wife is still keeping her job at Northeastern, and they're going to keep their place in Mass for the summers. Sort of sucks for those of us in Mass. though.
Posted by: Bostoniangirl | July 29, 2005 at 05:37 PM
Can somebody name an interesting idea that is original to Robert Reich? I thought he was a good Labor Secretary, but that was because he had Larry Katz and Alan Krueger (and Lisa Lynch?) feeding him things to say.
As for his writings before that period, I think the Krugman critiques were right on -- at least for the one book I actually read. (Maybe I missed something though.) Don (now Dierdre) McCloskey wrote a devastating review of that book. I think it started out: A brillian young social scientist once discovered that multinational corporations were becoming more important than nation states ... etc etc ... That Brilliant young social scientist was Karl Marx in 1848. McCloskey ended with Reich is no historian and no ecoomist.
(On the other hand, I once heard Jerry Hausman refer to Reich as "Harvard's most prominent economist." Zvi Grilliches had just taken a sip of coffee and almost sprayed it across the room.)
Posted by: pi | July 30, 2005 at 12:23 PM