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Posts from April 2007

April 30, 2007

links for 2007-05-01

Who Is Behind the Niger Forgeries?

Nicholas Beaudrot finds himself unable to say what he is thinking:

Ezra Klein: What's Behind Door #1, Monty?: Jane Hamsher of Firedoglake spots former CIA analyst Ray McGovern suggesting ... well, I can't actually bring myself to say it, because to do so would bring voice to the idea that reality has plunged into some frightening chimera combining The Long Kiss Goodnight and Noam Chomsky's rantings. But it goes further than anything Marshall ever reported. Now, McGovern has been something of an anti-war gadfly since retirement, and he's not willing to reveal his evidence "yet", but perhaps there is something to look into here...

Adagia, at the Corner of College and Bancroft, April 30 2007 12:00 Noon

Eight Berkeley economics professors wanted to have lunch with Alan Taylor of U.C. Davis today. I attribute this to a combination of effects: an end-of-semester effect in which people have given up on completing all the projects they hoped to complete before the end of the semester, and as a result are no longer keeping their heads down and are willing to go out to lunch; and a we-like-Alan-Taylor effect; unfortunately, identification is not achieved.

"So if Britain with its structural trade surpluses could run up net foreign assets equal to twenty months' GDP by 1913, could the U.S. run up a net foreign liability balance equal to twenty months' GDP by 2023?"

"By symmetry, that would mean that the rest of the world would have to play the role of pre-World War I Britain. Yes, it could happen."

"And somebody would have to play the role of pre-World War I Argentina. Would that be the U.S?"

"Usually in international finance the role of Argentina is played by Argentina."

"Doesn't Dani Rodrik say that Argentina is doing very well now? That this time its boom is not led by government or consumption spending, but by investment?"

"Dani is a contrarian."

"Twenty months' GDP in 2023 would be what, $45 trillion?"

"$45 nominal trillion in 2023; about $30 trillion real at today's prices."

"And the current net foreign asset and liability position of the U.S. is?"

"We don't know. It's the difference between two large and poorly-measured numbers, gross foreign assets owned by Americans and gross American assets owned by foreigners. Subtract them and you get a number that is small in context--perhaps two months' worth of GDP, perhaps $2 trillion--and very, very poorly measured."

"And the capital income flows are still in balance?"

"Perhaps not. You've looked at the data much more closely than I have. And there are problems."

"Cash payouts by American-owned subsidiaries abroad are about the same proportion of book values as cash payouts by foreign-owned subsidiaries in the U.S., but earnings retained and reinvested by American-owned subsidiaries abroad are a much higher proportion of book values than earnings retained and reinvested by foreign-owned subsidiaries in the U.S."

"Which means?"

"Either that Daniel Gros is right, and that the standard statistics simply miss a great deal of factor payments from America to foreigners, or Dooley and company are right, and due to American managerial expertise Americans earn much higher rates of return on their investments abroad than foreigners do on their investments in the United States."

"'Dark matter'."

"Yes, dark matter--the source of the extraordinarily high profits of Eurodisney."

"There are too many physics metaphors in this subfield. We should have stuck to metaphors from theology."

"That was not a success."

"Not a success? I counted six mentions of 'original sin' in the Economist in one eighteen-month period."

"Not a success in that it was too often misinterpreted. People read Eichengreen and Haussmann to mean that countries that couldn't borrow in hard currencies--countries afflicted with 'original sin'--had sinned. They had done something bad--and deserved what happened to them."

"But wasn't that Augustine's point?"

"No. Augustine's point was that Adam had done something bad--eaten of the Tree of Knowledge of Good and Evil. As a result you were destined for Hell, even though the sin wasn't yours."

Give Tim Russert an Outside Line!

Tiny Revolution feels sorry for Tim Russert, because it turns out that NBC refuses to give him a phone that can make outgoing calls:

A Tiny Revolution: Am I The Only One Here Who Feels For Tim Russert?: On Bill Moyers' show tonight about the pre-war performance of the press on the WMD story, Tim Russert defended himself by saying:

...there were concerns expressed by other government officials. And to this day, I wish my phone had rung, or I had access to them.

It seems easy to make fun of Russert here, given that he's the Washington Bureau Chief for NBC. But the fact is Russert doesn't have a phone that makes outgoing calls. It's unfortunate, but NBC simply can't afford it. Russert's job there is to show up at 9 am, and wait until somebody calls him and tells him what's going on. He tries to sit by the phone all day, because if he misses a call, he has to wait until they call him back.

Also, keep in mind that these "other government officials" to which he refers are sealed in a titanium vault at the center of the earth. So how exactly would Russert get access to them? I'd like to see you try it, big shot.

Why oh why can't we have a better press corps?

Is It Really Harder to Make the Case for Free Trade These Days?

Paul Krugman wonders if it is harder to make the case for free trade these days. There are more losers from trade liberalization, he thinks, and it is much less clear that the losers are in some sense undeserving. Mark Thoma writes:

Economist's View: Krugman: Distribution and Trade Policy: Paul Krugman adds a few more thoughts via email related to the recent trade policy discussion:

Paul Krugman: Another thought or two on distribution and trade policy: The problem of losers from trade isn't new, obviously, either as a fact or concept. But if you look at the history of trade policy - say, in Matt Destler's book it's hard to avoid the sense that the issue has gotten bigger and harder. His final chapters have a definite sense both of nostalgia for the good old days and foreboding.

I'd put it like this: in the old days, when GATT negotiations were mainly with other advanced countries, the groups hurt tended to be highly specific and local - the left-handed widget makers of Northern South Dakota, worried about competition from their counterparts in Upper Lower Swabia. Economists could in good conscience argue that while individual groups were hurt by trade liberalization in their specific sector, the great majority of Americans benefitted from general trade liberalization. And politicians made trade deals by packaging together the interests of exporters, to offset the parochial interests of import-competing industries

But now we're talking about broad swaths of the population hurt by trade. It's a good bet that almost all US workers with a high school degree or less are hurt by Chinese manufactured exports, at least slightly. You could in principle put together win-win packages - say, trade liberalization together with an increase in the EITC paid for with higher taxes on high-income Americans, who come out winners from trade. But the reality is that we don't make those deals.

For those who like their jargon, by the way, I'm basically saying that the right model for thinking about this has gone from many-good specific factors to Heckscher-Ohlin.

I don't have answers to this. The moral case for open markets is their importance to poor countries: America would do OK even in a highly protectionist world, but Bangladesh wouldn't. The domestic politics of trade, however, are now very hard, and getting harder.

Well I think I have answers:

  • The kinds of win-win deals that Paul says we don't make are in fact deals that Democratic presidents do make--when they aren't blocked from making them, that is.
  • In an American family, both potential workers have to be working in export or import-competing manufacturing for the family as a whole to be injured by imports of manufactured goods from China. Construction workers benefit from expanded trade with China both through higher relative wages and through lower relative prices. Service-sector workers benefit through lower relative prices.
  • The losers are not undeserving of their previous relative good fortune, but the winners are not unjustly enriched either--and odds are that there are more and bigger winners.
  • Politics is much healthier when everybody knows that trade restrictions are temporary and fragile than when people believe that trade restrictions are permanent and durable--and thus really worth lobbying for when they are to your material advantage.
  • A richer world is a safer world for Americans: foreigners working making textiles for export to the United States are not foreigners in caves planning to attack the Great Satan. One important import that we buy through freer trade is a safer, richer, more peaceful world.

The narrow pure-economics case for freer trade is harder to make thsee days because it is less true than it was in the 1960s or the 1950s or the 1930s or the 1910s. But the broader political-economy case for freer trade is still strong and true.

The Disconnect Between Profits and Investment

Paul Krugman writes:

Another Economic Disconnect - New York Times: Edward Lazear... explained that what’s good for corporations is good for America. “Profits,” he declared, “provide the incentive for physical capital investment, and physical capital growth contributes to productivity growth. Thus profits are important not only for investors but also for the workers who benefit from the growth in productivity.”

In other words, ask not for whom the closing bell tolls; it tolls for thee.

Unfortunately... [i]n the Bush years high profits haven’t led to high investment, and rising productivity hasn’t led to rising wages. The second of those two disconnects has gotten a lot of attention.... Less attention... has been given to the first disconnect: the failure of high profits to produce an investment boom.... [W]ith corporate profits more than doubling since 2000... profits as a share of national income [in 2006] were at the highest level ever recorded. You might have expected this gusher... to produce a corresponding gusher of business investment. But the reality has been more of a trickle. Nonresidential investment — that is, investment other than housing construction — has grown very slowly by historical standards... remains far below its levels of the late 1990s, and it has been declining for the last two quarters.

Why aren’t corporations investing, and what does the lack of business investment mean for the economy?... Floyd Norris... [sees a] disturbing possibility. Instead of investing in physical capital, many companies are using profits to buy back their own stock. And cynics suggest that the purpose of these buybacks is to produce a temporary rise in stock prices that increases the value of executives’ stock options, even if it’s against the long-term interests of investors.... Researchers at the Federal Reserve have found evidence that company decisions about stock buybacks are strongly influenced by “agency conflicts,” a genteel term for self-dealing by corporate insiders....

Whatever the reasons, we now have an economy with incredibly high profits and surprisingly low investment. This raises some immediate, short-run concerns... optimistic projections for the economy depend on vigorous growth in business investment. And that doesn’t seem to be happening.

The bigger issue, however, may be longer term. Mr. Lazear was right... business investment plays an important role in raising productivity. High investment in equipment and software was one major reason for the productivity takeoff that began in the Clinton era, and continued in the early years of this decade. And low investment may be one reason productivity growth has slowed....

[N]ext time someone tells you... reduc[ing] corporate profits... will reduce business investment, bear in mind that today’s record profits aren’t being invested... [but] being used to enrich executives and a few lucky stock owners.

The Bush Administration: Worse than We Can Imagine

In the old days, a dignitary who admired the horse of a foreign prince might find himself given that horse as a present. The dignitary would then face a hard choice: keep the present and risk raising suspicions about whether he had been bribed, or reject the present and risk offending the prince.

One thing the dignitary would not do would be to accept the horse and then sell it. That would confirm that he had been bribed--that he valued not the deed of friendship and generosity by the prince but rather the cash it could be turned into instead. And that would offend the prince--tell the prince that the dignitary valued not the particular horse and its connection with the prince but the cash it could be turned into.

In these new days, we have Colin Powell:

A Saudi Prince Tied to Bush Is Sounding Off-Key - New York Times: A few nights after he resigned his post as secretary of state two years ago, Colin L. Powell answered a ring at his front door. Standing outside was Prince Bandar, then Saudi Arabia’s ambassador to the United States, with a 1995 Jaguar. Mr. Powell’s wife, Alma, had once mentioned that she missed their 1995 Jaguar, which she and her husband had traded in. Prince Bandar had filed that information away, and presented the Powells that night with an identical, 10-year-old model. The Powells kept the car — a gift that the State Department said was legal — but recently traded it away...

Prince Bandar ibn Sultan--or someone in his entourage--went to trouble to find a good-condition car of the same year and model that Alma Powell had said that she missed and to have it maintained and spruced up. It may have been legal for the Powells to accept the gift of the car and then sell it for cash. It doesn't seem to me to be ethical.

Who Are the 28%?

Scott Horton writes:

"Bush Support Tanking": The Wall Street Journal reports that public support for President Bush continues its free fall. It’s now at 28% approval—-the lowest of his presidency. NBC News reports that the American public agrees with Harry Reid, and disagrees with David Broder, by a very wide margin-—55 percent saying the Iraq War is lost, and 36% expressing hope that it might be winnable...

Larry Summers on What Must Be Done About Global Warming

In the Financial Times (which really is the best newspaper in the world), Larry Summers writes:

FT.com / Comment & analysis / Comment - We need to bring climate idealism down to earth: With the accumulation of scientific evidence and its persuasive presentation to the public, the global warming debate has reached a new stage. Those who still deny that human activity is warming the planet, or claim that “business as usual” can continue indefinitely without profoundly adverse consequences, are increasingly seen as the moral and intellectual equivalent of those who deny that tobacco has adverse consequences for human health.... [T]here are huge opportunities to reduce emissions with economic benefit or negligible economic cost... [with current] worldwide subsidies to energy use... [of perhaps] $250b [a year].

The real question for debate is not whether something should be done – that debate is over among the rational. The crucial question now is what should be done so as to leave our descendants with the highest possible quality of life. Answering it effectively requires vision and ambition. But, as the example of Woodrow Wilson’s League of Nations teaches painfully, utopian vision and ambition unmoored from political, economic and social reality can be counterproductive....

[T]he global cap and trade approach directed at achieving the rapid emissions reductions enshrined in the Kyoto protocol... could be ineffective or even counterpoductive by substituting for more realistic approaches.... Kyoto is... the only game in town for those who do not want to be ostriches.... But it is surely useful to try to be clear about the potential pitfalls....

[T]he Kyoto approach depends on the questionable premise that nations will, in fact, be bound by binding targets.... [C]onsider the history of the Maastricht Treaty.... It broke down almost immediately when it looked like the targets would not be binding for big countries....

Whatever evidence there is of impressive emissions reductions comes from countries such as the UK, Germany and the former communist states, where coal use was being phased out for other reasons. The limited impact of Kyoto is evinced by the fact that carbon permits are now selling in the range of a negligible one euro a ton....

[C]arbon markets are invitations to engage in pork-barrel corporate subsidy politics on a massive scale. If greenhouse gas emissions are to be substantially reduced, the value of the associated emissions rights will be in the tens of billions of dollars.... [B]usinesses that can pass on carbon costs to their consumers are excited about schemes that compensate for these costs by allocating them permits related to their existing emissions levels. As investigations by this newspaper have highlighted, the clean development mechanism has resulted in substantial payments for emissions reductions that would have occurred anyway or could have been achieved at negligible cost. There is even reason to think that certain industrial gas emissions may have been increased so that credit could be claimed for their abatement.

[T]he most serious problem with the Kyoto framework is that it is unlikely to generate substantial changes in developing country policies... [which] are not likely to accept binding targets on their energy use or greenhouse gas emissions that fall way short on a per-capita basis of emissions levels in the industrial world. Nor is it reasonable to expect them... to commit to energy use goals that fall short of patterns observed in the rich countries....

[D]eveloping countries are where most of the future action has to be. They will account for 75 per cent of the increase in emissions over the next quarter century and are now making the infrastructure investments that will shape their future economies.... [A]ny international regime that does not include them will [simply] not work... as energy intensive activities relocate to the developing world....

Perhaps these problems and others... can be overcome with goodwill and extensive thought. But next month I shall suggest [alternative] approaches that... may over time provide a more secure foundation for the progress that the world must have.

April 29, 2007

links for 2007-04-30

In Friday's Pile of Books

Arriving in Friday's pile of books:

Brad DeLong's CV as of April 30, 2007

J. Bradford DeLong: Academic CV

Professor of Economics
601 Evans Hall
University of California at Berkeley
Berkeley, CA 94720-3880

phone: (510) 643-4027
fax: (510) 642-6615
delong@econ.berkeley.edu http://www.j-bradford-delong.net


A. Education

Ph. D., Department of Economics, Harvard University, Cambridge, MA (June 1987).

M. A., Department of Economics, Harvard University, Cambridge, MA (June 1985).

B. A. summa cum laude, Committee on Degrees in Social Studies, Harvard University, Cambridge, MA (June 1982).


B. Positions

Co-Editor, The Economists' Voice (2005-present).

Member, U.C. Berkeley College of Letters and Science Executive Committee (2003-present).

Chair, Political Economy of Industrial Societies Major, University of California at Berkeley, Berkeley, CA (July 2001-present).

Professor, Department of Economics, University of California at Berkeley, Berkeley, CA (July 1997-present).

Visiting Scholar, Federal Reserve Bank of San Francisco, San Francisco, CA (July 1996-present).

Research Associate, National Bureau of Economic Research, Cambridge, MA (October 1995-present).

Co-Editor, Journal of Economic Perspectives (1996-2004).

Associate Professor, Department of Economics, University of California at Berkeley, Berkeley, CA (July 1993-June 1997).

Deputy Assistant Secretary for Economic Policy, United States Department of the Treasury, Washington, DC (April 1993-May 1995).

Faculty Research Fellow, National Bureau of Economic Research, Cambridge, MA (November 1987-September 1995).

Frederick S. Danziger Associate Professor, Department of Economics, Harvard University, Cambridge, MA (July 1991-June 1993).

Alfred P. Sloan Research Fellow, Alfred P. Sloan Foundation, New York, NY (July 1990-April 1993).

John M. Olin Fellow, National Bureau of Economic Research, Cambridge, MA (July 1991-June 1992).

Visiting Lecturer, European University Institute, Florence, Italy (March 1992-April 1992).

Assistant Professor, Department of Economics, Harvard University, Cambridge, MA (July 1988-June 1991).

Assistant Professor, Department of Economics, Boston University, Boston, MA (July 1987-June 1988).

Instructor, Department of Economics, Massachusetts Institute of Technology, Cambridge, MA (September 1986-June 1987).

Alfred P. Sloan Dissertation Fellow, Harvard University, Cambridge, MA (July 1985-June 1986).

National Science Foundation Graduate Fellow, Harvard University, Cambridge, MA (September 1982-June 1985).


C. Principal Refereed Academic Publications

J. Bradford DeLong and Konstantin Magin (fall 2007, forthcoming), "The U.S. Stock Market Equity Return Premium: Past, Present, and Future," Journal of Economic Perspectives http://delong.typepad.com/pdf/20070412_JEP_EP.pdf

J. Bradford DeLong and Konstantin Magin (2006) "Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?," The Economists' Voice: Vol. 3 : Iss. 7, Article 2 http://www.bepress.com/ev/vol3/iss7/art2

J. Bradford DeLong (2005) "Divergent Views on the Coming Dollar Crisis," The Economists' Voice: Vol. 2 : Iss. 5, Article 1 http://www.bepress.com/ev/vol2/iss5/art1

Dean Baker, J. Bradford DeLong, and Paul Krugman (2005), "Asset Returns and Economic Growth," Brookings Papers on Economic Activity 2005:1 http://www.j-bradford-delong.net/movable_type/BDK-BPEA.pdf

J. Bradford DeLong (2004) "Should We Still Support Untrammelled International Capital Mobility? Or are Capital Controls Less Evil than We Once Believed?," The Economists' Voice: Vol. 1 : Iss. 1, Article 1 http://www.bepress.com/ev/vol1/iss1/art1

J. Bradford DeLong (2003), "Productivity Growth in the 2000s," NBER Macroeconomics Annual 2003 http://www.j-bradford-delong.net/Econ_Articles/macro_online/delong_macro_annual_2002_fi.pdf.

J. Bradford DeLong and Barry J. Eichengreen (2002), "Between Meltdown and Moral Hazard: Clinton Administration International Monetary and Financial Policy," in Jeffrey Frankel and Peter Orszag, eds., American Economic Policy in the 1990s (Cambridge: MIT Press) http://www.j-bradford-delong.net/Econ_Articles/CIEP/CIEP_revision06102001.PDF http://www.j-bradford-delong.net/Econ_Articles/CIEP/clintonfigures.pdf

J. Bradford DeLong and Lawrence H. Summers (2002), "The New Economy: Background, Questions, Speculations," in Economic Policies for the Information Age (Kansas City: Federal Reserve Bank of Kansas City) http://www.kansascityfed.org/PUBLICAT/SYMPOS/2001/papers/S02delo.pdf

J. Bradford DeLong (2002), "Review of Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain," Journal of Economic Literature http://www.j-bradford-delong.net/movable_type/archives/000757.html

J. Bradford DeLong (2001), "America's Historical Experience with Low Inflation," Journal of Monetary Economics http://www.j-bradford-delong.net/econ_articles/woodstock/woodstock4.html

J. Bradford DeLong (2001), "Introduction to the North America Symposium," Journal of Economic Perspectives (Winter), pp. 81-83.

J. Bradford DeLong, Alan Krueger, and Timothy Taylor (2000), "Introduction to the Millennial Issue," Journal of Economic Perspectives (Winter) http://links.jstor.org/sici?sici=0895-3309%28200024%2914%3A1%3C3%3AROEATT%3E2.0.CO%3B2-7

J. Bradford DeLong (2000), "The Triumph [?] of Monetarism," Journal of Economic Perspectives (Winter) http://links.jstor.org/sici?sici=0895-3309%28200024%2914%3A1%3C83%3ATTOM%3E2.0.CO%3B2-G

J. Bradford DeLong (1999), "Seeing One's Intellectual Roots: A Review Essay on James Scott's Seeing Like a State," Review of Austrian Economics 12:2, pp. 257-64 http://econ161.berkeley.edu/Econ_Articles/reviews/seeing_like_a_state.html

J. Bradford DeLong (1999), "Financial Crises in the 1890s and 1990s: Must History Repeat?" Brookings Papers on Economic Activity Fall http://links.jstor.org/sici?sici=0007-2303%281999%291999%3A2%3C253%3AFCIT1A%3E2.0.CO%3B2-8

J. Bradford DeLong (1999), "Why We Should Fear Deflation," Brookings Papers on Economic Activity Spring http://links.jstor.org/sici?sici=0007-2303%281999%291999%3A1%3C225%3ASWFD%3E2.0.CO%3B2-P

J. Bradford DeLong (1999), "Introduction to the Symposium on Business Cycles," Journal of Economic Perspectives http://links.jstor.org/sici?sici=0895-3309%28199921%2913%3A2%3C19%3AITTSOB%3E2.0.CO%3B2-Y

J. Bradford DeLong (1996), "Keynesianism, Pennsylvania-Avenue Style: Some Economic Consequences of the 1946 Employment Act," Journal of Economic Perspectives 10:3 (Summer), pp. 41-53 http://www.j-bradford-delong.net/movable_type/archives/000661.html

J. Bradford DeLong, Christopher L. DeLong, and Sherman Robinson (1996), "In Defense of Mexico's Rescue", Foreign Affairs 75:3 (May/June), pp. 8-14 http://www.j-bradford-delong.net/movable_type/archives/000658.html

J. Bradford DeLong and Lawrence H. Summers (1994), "How Strongly Do Developing Countries Benefit from Equipment Investment?" Journal of Monetary Economics http://www.j-bradford-delong.net/movable_type/archives/000646.html

Robert B. Barsky and J. Bradford DeLong (1993), "Why Does the Stock Market Fluctuate?" Quarterly Journal of Economics 108: 2 (May), pp. 291-312 http://www.j-bradford-delong.net/movable_type/archives/000635.html

J. Bradford DeLong and Lawrence H. Summers (1993), "Macroeconomic Policy and Long-Run Growth," Federal Reserve Bank of Kansas City Quarterly Review http://www.j-bradford-delong.net/movable_type/archives/000633.html

J. Bradford DeLong and Andrei Shleifer (1993), "Princes and Merchants: City Growth Before the Industrial Revolution," Journal of Law and Economics 36 (October), pp. 671-702 http://www.j-bradford-delong.net/movable_type/archives/000638.html

J. Bradford DeLong and Lawrence H. Summers (1992), "Equipment Investment and Economic Growth: How Robust Is the Nexus?" Brookings Papers on Economic Activity (Fall) http://www.j-bradford-delong.net/movable_type/archives/000628.html

J. Bradford DeLong and Kevin Lang (1992), "Are All Economic Hypotheses False?" Journal of Political Economy 100:6 (December), pp. 1257-72 http://www.j-bradford-delong.net/movable_type/archives/000620.html

J. Bradford DeLong (1992), "Productivity and Machinery Investment: A Long Run Look 1870-1980," Journal of Economic History 53: 2 (June), 307-24 http://www.j-bradford-delong.net/movable_type/archives/000619.html

J. Bradford DeLong and Andrei Shleifer (1992), "Closed End Fund Discounts: A Yardstick of Small-Investor Sentiment," Journal of Portfolio Management 18:2 (Winter), pp. 46-53 http://www.j-bradford-delong.net/movable_type/archives/000618.html

J. Bradford DeLong and Andrei Shleifer (1991), "The Stock Market Bubble of 1929: Evidence from Closed-End Funds," Journal of Economic History 52: 3 (September), pp. 675-700 http://www.j-bradford-delong.net/movable_type/archives/000609.html

Robert B. Barsky and J. Bradford DeLong (1991), "Forecasting Pre-World War I Inflation: The Fisher Effect and the Gold Standard," Quarterly Journal of Economics 106: 3 (August) , pp. 815-36 http://www.j-bradford-delong.net/movable_type/archives/000608.html

J. Bradford DeLong and Lawrence H. Summers (1991), "Equipment Investment and Economic Growth," Quarterly Journal of Economics 106: 2 (May), pp. 445-502 http://www.j-bradford-delong.net/movable_type/archives/000606.html

J. Bradford DeLong, Andrei Shleifer, Lawrence H. Summers, and Robert J. Waldmann (1991), "The Survival of Noise Traders in Financial Markets," Journal of Business 64: 1 (January), pp. 1-20 http://www.j-bradford-delong.net/movable_type/archives/000604.html

J. Bradford DeLong, Andrei Shleifer, Lawrence H. Summers, and Robert J. Waldmann (1990), "Noise Trader Risk in Financial Markets," Journal of Political Economy 98: 4 (August 1990), pp. 703-738 http://www.j-bradford-delong.net/movable_type/archives/000603.html

J. Bradford DeLong, Andrei Shleifer, Lawrence H. Summers, and Robert J. Waldmann (1990), "Positive-Feedback Investment Strategies and Destabilizing Rational Speculation," Journal of Finance 45: 2 (June), pp. 374-397 http://www.j-bradford-delong.net/movable_type/archives/000601.html.

Robert B. Barsky and J. Bradford DeLong (1990), "Bull and Bear Markets in the Twentieth Century," Journal of Economic History 50: 2 (June), pp. 1-17 http://www.j-bradford-delong.net/movable_type/archives/000600.html

J. Bradford DeLong (1990), "In Defense of Henry Simons' Credentials as a Classical Liberal," Cato Journal 9: 1 (Winter), pp. 105-122 http://www.j-bradford-delong.net/movable_type/archives/000599.html

J. Bradford DeLong (1989), "Facets of Interwar Unemployment," Journal of Monetary Economics 49:3 (September), pp. 800-802 http://www.j-bradford-delong.net/movable_type/archives/000596.html

J. Bradford DeLong, Andrei Shleifer, Lawrence H. Summers, and Robert J. Waldmann (1989), "The Size and Incidence of Losses from Noise Trading," Journal of Finance 44: 3 (July), pp. 681-696 http://www.j-bradford-delong.net/movable_type/archives/000592.html

J. Bradford DeLong (1988), "Productivity Growth, Convergence, and Welfare: Comment," American Economic Review 78: 5 (December), pp. 1138-1154 http://www.j-bradford-delong.net/movable_type/archives/000591.html

J. Bradford DeLong and Lawrence H. Summers (1988), "How Does Macroeconomic Policy Matter?" Brookings Papers on Economic Activity 1988: 2 (Fall), pp. 433-480 http://www.j-bradford-delong.net/movable_type/archives/000590.html

J. Bradford DeLong and Lawrence H. Summers (1986), "Is Increased Price Flexibility Stabilizing?" American Economic Review 76: 5 (December), pp. 1031-1044 http://www.j-bradford-delong.net/movable_type/archives/000586.html

J. Bradford DeLong (1986), "Senior's `Last Hour': A Suggested Resolution of a Famous Blunder," History of Political Economy 18: 2 (Summer), pp. 325-333 http://www.j-bradford-delong.net/movable_type/archives/000585.html


D. Principal Non-Refereed and Academic Publications

J. Bradford DeLong (forthcoming 2008), "Two Months Before the Mast of Post-Modernism," in John Holbo, ed., Framing Theory's Empire (West Lafayette, IN: Parlor Press for Glassbead Books) http://delong.typepad.com/sdj/2005/07/two_months_befo.html

J. Bradford DeLong (2007), "What Should We Think About When Refounding the International Monetary System?" in Richard Samans et al., eds., _The International Monetary System, the IMF, and the G-20" (London: Palgrave Macmillan) http://www.weforum.org/pdf/initiatives/IMCP_Berkeley_deLong_NBER.pdf

J. Bradford DeLong (2007), "Right from the Start?: What Milton Friedman Can Teach Progressives," Democracy: A Journal of Ideas 4 Spring http://www.democracyjournal.org/article.php?ID=6514

J. Bradford DeLong (2007), "A Graduate Teaching Note on Rietz (1988) 'The Equity Premium: A Solution' and Barro (2005) 'Rare Events and the Equity Premium' http://delong.typepad.com/print/20070213_note_barro_rietz.pdf

J. Bradford DeLong (2006), "Aftathoughts on NAFTA," Berkeley Review of Latin American Studies (Fall) http://delong.typepad.com/pdf/20061223_DeLong_Aftathoughts_on_NAFTA.pdf

J. Bradford DeLong and Susan Rasky (2006), "Twelve Things Journalists Need to Remember to Be Good Economics Reporters," Nieman Watchdog June 13 http://www.niemanwatchdog.org/index.cfm?fuseaction=background.view&backgroundid=0093

J. Bradford DeLong and Susan Rasky (2006), "Twelve Things Economists Need to Remember to Be Helpful Journalistic Sources" Nieman Watchdog June 13 http://www.niemanwatchdog.org/index.cfm?fuseaction=background.view&backgroundid=0094.

J. Bradford DeLong (2006), "How Not to Cover the Economy," Nieman Watchdog January 23 http://www.niemanwatchdog.org/index.cfm?fuseaction=showcase.view&showcaseid=32

J. Bradford DeLong and Martha Olney (2005), Macroeconomics 2nd ed. (New York: McGraw-Hill)

J. Bradford DeLong (2005), "Sisyphus as Social Democrat: A Review of Richard Parker, John Kenneth Galbraith," Foreign Affairs (May/June) http://www.foreignaffairs.org/20050501fareviewessay84312/j-bradford-delong/sisyphus-as-social-democrat.html?mode=print

Marco Becht and J. Bradford DeLong (2005), "Why Has There Been so Little Blockholding in America?" in Randall Morck, ed., A History of Corporate Governance Around the World (Chicago: University of Chicago) http://delong.typepad.com/pdf/Blockholding.pdf http://delong.typepad.com/pdf/Blockholding_figures.pdf

Stephen S. Cohen and J. Bradford DeLong (2005), "Shaken and Stirred," Atlantic Monthly January/February http://www.theatlantic.com/doc/200501/cohen

J. Bradford DeLong (2004), "India Since Independence: An Analytic Growth Narrative," in Dani Rodrik, ed., Modern Economic Growth: Analytical Country Studies http://www.j-bradford-delong.net/Econ_Articles/India/India_Rodrik_DeLong.PDF.

J. Bradford DeLong (2004), "Rubin's Remarkable Achievement," American Prospect 15:2 February 1 http://www.prospect.org/print-friendly/print/V15/2/delong-b.html

J. Bradford DeLong (2003), "Comment on James Stock and Mark Watson, 'Has the Business Cycle Changed?'" August 29 http://www.j-bradford-delong.net/movable_type/2003_archives/002087.html

Steven Dowrick and J. Bradford DeLong (2003), "Globalisation and Convergence," in Michael Bordo et al., ed., Globalization in Historical Perspective (Chicago: University of Chicago Press). http://www.j-bradford-delong.net/Econ_Articles/Dowrick/GandC.PDF

J. Bradford DeLong (2003), "Bequests: An Historical Perspective," in Alicia Munnell and Annika Sunden, eds., Death and Dollars: The Role and Impact of Gifts and Estates (Washington: Brookings Institution) http://www.j-bradford-delong.net/Econ_Articles/Estates/DeLongEstatesMunnell.pdf

J. Bradford DeLong (2002), "Do We Have a 'New' Macroeconomy?" Innovation Policy and the Econony http://www.j-bradford-delong.net/movable_type/archives/Econ_Articles/Jaffe/new_macroeconomy.html

J. Bradford DeLong (2001), "International Financial Crises in the 1990s: The Analytics: November http://www.j-bradford-delong.net/macro_online/ifc.pdf

J. Bradford DeLong (2001), Macroeconomics (New York: McGraw-Hill)

J. Bradford DeLong (2001), "What Are Australia's Economic Prospects?" Reserve Bank of Australia http://www.j-bradford-delong.net/Econ_Articles/Australia_docs/Australia_prospects.html

J. Bradford DeLong (2000), "Sources of American and Prospects for World Economic Growth," in David Gruen, ed., The Australian Economy in the 1990s (Sydney: Reserve Bank of Australia) http://www.rba.gov.au/PublicationsAndResearch/Conferences/2000/DeLong.pdf

J. Bradford DeLong and A. Michael Froomkin (2000), "Speculative Microeconomics for Tomorrow's Economy," First Monday; also in Brian Kahin and Hal Varian, eds., Internet Publishing and Beyond: The Economics of Digital Information and Intellectual Property (Cambridge: M.I.T. Press) http://www.firstmonday.org/issues/issue5_2/delong/

J. Bradford DeLong (2000), "Overstrong Against Thyself: War, the State, and Growth in Europe on the Eve of the Industrial Revolution" , in Mancur Olson and Satu Kahkohnen, eds., A Not-So-Dismal Science: Development and the Political Economy of Institutions (Oxford: Oxford University Press), pp. 138-167 http://www.j-bradford-delong.net/pdf_files/Overstrong_(complete_draft).pdf

J. Bradford DeLong and A. Michael Froomkin (2000), "Review of Charles Ferguson, High Stakes: No Prisoners," Harvard Business Review January http://www.j-bradford-delong.net/econ_articles/reviews/ferguson.html

J. Bradford DeLong (1997), "American Fiscal Policy in the Shadow of the Great Depression", in Michael Bordo, Claudia Goldin, and Eugene White, eds., The Defining Moment: The Great Depression and the American Economy in the Twentieth Century (Chicago: University of Chicago Press) http://www.j-bradford-delong.net/movable_type/2003_archives/000121.html

J. Bradford DeLong (1997), "America's Peacetime Inflation: The 1970s," in Christina Romer and David Romer. eds., Reducing Inflation: Motivation and Strategy (Chicago: University of Chicago Press) http://www.j-bradford-delong.net/pdf_files/Peacetime_Inflation.pdf

J. Bradford DeLong and Robert J. Waldmann (1997), "Interpreting Procyclical Productivity Movements: Evidence from a Cross-Nation Cross-Industry Panel," Federal Reserve Bank of San Francisco Economic Review 1997:1 (Spring), pp. 33-52 http://econ161.berkeley.edu/pdf_files/Procylical_Productivity.pdf

J. Bradford DeLong (1996), "A Positive Program for Better Economic Growth," Parliamentary Brief (June) http://www.j-bradford-delong.net/movable_type/archives/000659.htm

Carlos Ramirez and J. Bradford DeLong (1996), "Banker Influence and Business Economic Performance: Assessing the Impact of Depression-Era Financial Reforms," in Michael Bordo and Richard Sylla, eds., Anglo-American Financial Systems: Institution and Markets in the Twentieth Century (New York: Irwin), pp. 161-178 http://www.j-bradford-delong.net/movable_type/archives/000657.html

J. Bradford DeLong (1995), "Low Marx: Eric Hobsbawm's Age of Extremes" (Berkeley, CA, 1995) http://www.j-bradford-delong.net/movable_type/archives/000651.html

J. Bradford DeLong and Lawrence H. Summers (1994), "Equipment Investment and Economic Growth: Reply," Quarterly Journal of Economics 109:3 (August), pp. 803-807 http://www.j-bradford-delong.net/movable_type/archives/000644.html

J. Bradford DeLong and Lawrence H. Summers (1994), "How Robust Is the Growth-Machinery Nexus?" in Mario Baldassari, Luigi Paganetto, and Edmund Phelps, eds., International Differences in Growth Rates: Market Globalization and Economic Areas (New York: St. Martin's Press) http://www.j-bradford-delong.net/movable_type/archives/000641.html

J. Bradford DeLong and Barry Eichengreen (1993), "The Marshall Plan: History's Most Successful Structural Adjustment Programme," in Rüdiger Dornbusch, Wilhelm Nölling, and Richard Layard, eds., Postwar Economic Reconstruction and Lessons for the East Today (Cambridge, MA: M.I.T. Press), pp. 189-230 http://www.j-bradford-delong.net/movable_type/archives/000640.html

J. Bradford DeLong (1993), "Very Long-Run Economic Growth, ca. 1870-1990," in Horst Siebert, ed., Economic Growth in the World Economy (Kiel: Institute for World Economics) http://www.j-bradford-delong.net/movable_type/archives/000639.html

J. Bradford DeLong (1992), "J. P. Morgan and His Money Trust," Wilson Quarterly 16:4 (Fall), pp. 16-30 http://www.j-bradford-delong.net/movable_type/archives/000627.html

J. Bradford DeLong (1992), "Growth, Industrialization, and Finance," NBER Reporter (Fall), pp. 5-11 http://www.j-bradford-delong.net/movable_type/archives/000622.html

J. Bradford DeLong (1992), "Machinery Investment as a Key to American Economic Growth," in Mark Bloomfield, Margo Thorning, and Charls Walker, eds., Tools for American Workers (Washington, DC: American Council for Capital Formation) http://www.j-bradford-delong.net/movable_type/archives/000626.html

J. Bradford DeLong and Richard Grossman (1992), "Excess Volatility on the London Stock Market, 1870-1990" (Cambridge, MA: Harvard University Department of Economics) http://www.j-bradford-delong.net/movable_type/archives/000625.html

J. Bradford DeLong (1991), "Did J. P. Morgan's Men Add Value?: An Economist's Perspective on Financial Capitalism," in Peter Temin, ed., Inside the Business Enterprise: Historical Perspectives on the Use of Information (Chicago, IL: University of Chicago Press for NBER), pp. 205-36 http://www.j-bradford-delong.net/movable_type/archives/000612.html

J. Bradford DeLong and Marco Becht (1991), "'Excess Volatility' in the German Stock Market, 1876-1990" (Cambridge, MA: Harvard University Department of Economics) http://www.j-bradford-delong.net/movable_type/archives/000610.html

J. Bradford DeLong (1989), "The 'Protestant Ethic' Revisited: A Twentieth-Century Look," Fletcher Forum 13: 2 (Summer), pp. 229-242 http://www.j-bradford-delong.net/movable_type/archives/000595.html

J. Bradford DeLong (1989), "Nassau Senior's 'Last Hour' and the 'Advances' Conception of Capital Revisited," History of Political Economy 21: 2 (Summer), pp. 309-310 http://www.j-bradford-delong.net/movable_type/archives/000593.html

J. Bradford DeLong (1987), "Review of N.F.R. Crafts, British Economic Growth during the Industrial Revolution," Journal of Economic History 47:3 (September), pp. 790-792 http://www.j-bradford-delong.net/movable_type/archives/000588.html

J. Bradford DeLong (1987), "Review of Bernard Elbaum and William Lazonick, The Decline of the British Economy," Journal of Economic History 47:3 (September), pp. 792-795 http://www.j-bradford-delong.net/movable_type/archives/000587.html

J. Bradford DeLong and Lawrence H. Summers (1986), "The Changing Cyclical Variability of Economic Activity in the United States," in Robert J. Gordon, ed., The American Business Cycle: Continuity and Change (Chicago, IL: University of Chicago Press for the National Bureau of Economic Research), pp. 679-719 http://www.j-bradford-delong.net/movable_type/archives/000584.html

J. Bradford DeLong and Lawrence H. Summers (1986), "A Comment on John Taylor's `Improvements in Macroeconomic Stability: The Role of Wages and Prices'," in Robert J. Gordon, ed., The American Business Cycle: Continuity and Change (Chicago, IL: University of Chicago Press for the National Bureau of Economic Research), pp. 667-675 http://www.j-bradford-delong.net/movable_type/archives/000583.html

J. Bradford DeLong and Lawrence H. Summers (1986), "Are Business Cycles Symmetrical?" in Robert J. Gordon, ed., The American Business Cycle: Continuity and Change (Chicago, IL: University of Chicago Press for the National Bureau of Economic Research), pp. 166-178 http://www.j-bradford-delong.net/movable_type/archives/000582.html


E. Other Works Worth a Note

1. Weblog Posts

J. Bradford DeLong (2007), "Adagia, at the Corner of College and Bancroft, April 30 2007 12:00 Noon" April 30 http://delong.typepad.com/sdj/2007/04/adagia_at_the_c.html

J. Bradford DeLong (2007), "Is It Really Harder to Make the Case for Free Trade These Days?" April 30 http://delong.typepad.com/sdj/2007/04/is_it_really_ha.html

J. Bradford DeLong (2007), "Hedge Funds: Two-and-Twenty" April 25 http://delong.typepad.com/sdj/2007/04/hedge_funds_two.html

J. Bradford DeLong (2007), "Anti-Speech Situations" April 25 http://delong.typepad.com/sdj/2007/04/antispeech_situ.html

J. Bradford DeLong (2007), "Hedge Funds: Two-and-Twenty" April 25 http://delong.typepad.com/sdj/2007/04/hedge_funds_two.html

J. Bradford DeLong (2007), "On the Berkeley Energy Biosciences Institute" April 19 http://delong.typepad.com/sdj/2007/04/on_the_berkeley.html

J. Bradford DeLong (2007), "Journamalism Watch: Robert Kuttner Unfairly Trashes Robert Rubin" April 16 http://delong.typepad.com/sdj/2007/04/journamalism_wa_1.html

J. Bradford DeLong (2007), "How Supply-Side Economics Trickled Down..." April 10 http://delong.typepad.com/sdj/2007/04/how_supplyside_.html

J. Bradford DeLong (2007), "Journamalism Watch: Michael Gordon, Max Frankel, Fred Hiatt" April 8 http://delong.typepad.com/sdj/2007/04/journamalism_wa.html

J. Bradford DeLong (2007), "The Monetary Economics of China" March 22 http://delong.typepad.com/sdj/2007/03/the_monetary_ec.html

J. Bradford DeLong (2007), "Jacob Levy Hates People Who Are Intolerant!" March 11 http://delong.typepad.com/sdj/2007/03/jacob_levy_hate.html

J. Bradford DeLong (2007), "Un-Discourse Situations" March 11 http://delong.typepad.com/sdj/2007/03/undiscourse_sit.html

J. Bradford DeLong (2007), "Talking Past Each Other" March 1 http://delong.typepad.com/sdj/2007/03/talking_past_ea.html

J. Bradford DeLong (2007), "A Short Dialogue on Santa Clara County v. Southern Pacific Railroad Company" February 22 http://delong.typepad.com/sdj/2007/02/a_short_dialogu.html

J. Bradford DeLong (2007), "Special Super Journamalism Barack-Atah-Adonai-Elohenu-Melech-Ha-Olam Shabbat Candle-Lighting Blogging!" February 9 http://delong.typepad.com/sdj/2007/02/special_super_j.html

J. Bradford DeLong (2007), "Applied Utilitarianism: The Price of Oranges in Berkeley" February 2 http://delong.typepad.com/sdj/2007/02/applied_utilita.html

J. Bradford DeLong (2007), "A Small Matter of Calculating the Value Function" January 28 http://delong.typepad.com/sdj/2007/01/a_small_matter_.html

J. Bradford DeLong (2007), "Long-Run Health-Care Cost Drivers" January 25 http://delong.typepad.com/sdj/2007/01/longrun_healh_c.html

J. Bradford DeLong (2007), "Keynes, Marx, Trotsky, Yglesias" January 16 http://delong.typepad.com/sdj/2007/01/keynes_marx_tro.html

J. Bradford DeLong (2007), "More Dred Scott v. Sanford Blogging for Martin Luther King Jr. Holiday Weekend!" January 12 http://delong.typepad.com/sdj/2007/01/more_dred_scott.html

J. Bradford DeLong (2006), "What Do We Owe Our Great-Great Grandchildren?: The Stern Review on Global Climate Change Once Again" December 30 http://delong.typepad.com/sdj/2006/12/the_stern_revie.html

J. Bradford DeLong (2006), "What Should We Be Doing About Global Climate Change?" December 20 http://delong.typepad.com/sdj/2006/12/what_should_we_.html

J. Bradford DeLong (2006), "Intellectual Garbage Collection: The Unreliability of Alan Reynolds" December 16 http://delong.typepad.com/sdj/2006/12/intellectual_ga.html

J. Bradford DeLong (2006), "Kelly Risk Analysis" December 13 http://delong.typepad.com/sdj/2006/12/kelly_risk_anal.html

J. Bradford DeLong (2006), "Partha Dasgupta Makes a Mistake in His Critique of the Stern Review on Global Climate Change" November 30 http://delong.typepad.com/sdj/2006/11/partha_dasgaptu.html

J. Bradford DeLong (2006), "32,100,000 vs 25,524,000: The Senate Vote" November 8 http://delong.typepad.com/sdj/2006/11/32100000_vs_245.html

J. Bradford DeLong (2006), "Were Ken Lay and Jeff Skilling Innocent?" October 2 http://delong.typepad.com/sdj/2006/10/were_ken_lay_an.html

J. Bradford DeLong (2006), "In the Matter of ENRON CFO Andrew Fastow: Some Stupid Questions from White Collar Crime Prof Blog, and Answers" September 24 http://delong.typepad.com/sdj/2006/09/some_stupid_que.html

J. Bradford DeLong (2006), "The Education of Wiliam Grieder (Why Oh Why Can't We Have a Better Press Corpos?)" September 9 http://delong.typepad.com/sdj/2006/09/the_education_o.html

J. Bradford DeLong (2006), "Department of 'Huh?': George Bush Has Shifted Taxes, Not Reduced Them" September 8 http://delong.typepad.com/sdj/2006/09/department_of_h_2.html

J. Bradford DeLong (2006), "Introducing Serious, Permanent Bugs into Your Wetware" August 26 http://delong.typepad.com/sdj/2006/08/introducing_ser.html

J. Bradford DeLong (2006), "Payroll Employment and Household-Survey Unemployment" August 26 http://delong.typepad.com/sdj/2006/08/payroll_employm.html

J. Bradford DeLong (2006), "The Blue Car Is the Red Car: A Review of Feldman's _From Molecule to Metaphor" August 22 http://delong.typepad.com/sdj/2006/08/the_blue_car_is.html

J. Bradford DeLong (2006), "Discontinuities in Human History" August 9 http://delong.typepad.com/sdj/2006/08/discontinuities.html

J. Bradford DeLong (2006), "Today's History Lesson: The Middle East: History Doesn't Repeat Itself, But It Rhymes" July 30 http://delong.typepad.com/sdj/2006/07/todays_history_.html

J. Bradford DeLong (2006), "Why Oh Why Can't We Have a Better Press Corps? (Michael Abramowitz of the Washington Post Edition)" July 30 http://delong.typepad.com/sdj/2006/07/why_oh_why_cant_16.html

J. Bradford DeLong (2006), "The History of the Shrill" July 27 http://delong.typepad.com/sdj/2006/07/the_history_of_.html

J. Bradford DeLong (2006), "Why Oh Why Can't We Have a Better Press Corps? (Thomas Ricks of the Washington Post, This Is Your Clippings File Edition)" July 26 http://delong.typepad.com/sdj/2006/07/why_oh_why_cant_13.html

J. Bradford DeLong (2006), "Where Are the Heirs of Walter Lippman?" July 17 http://delong.typepad.com/sdj/2006/07/where_are_the_h.html

J. Bradford DeLong (2006), "Outsourcing: Time to Talk Back to the Media" June 27 http://delong.typepad.com/sdj/2006/06/outsourcing_tim.html

J. Bradford DeLong (2006), "I Am Concerned: Samuel Tanenhaus and Whittaker Chambers" May 27 http://delong.typepad.com/sdj/2006/05/i_am_concerned.html

J. Bradford DeLong (2006), "The Progressivity of the Tax Code Once Again" May 26 http://delong.typepad.com/sdj/2006/05/pwogwessivity_o.html

J. Bradford DeLong (2006), "Greg Mankiw Criticizes Lieberman, Bush, and Krugman" May 22 http://delong.typepad.com/sdj/2006/05/greg_mankiw_cri.html

J. Bradford DeLong (2006), "Recurrence: The Revolt of the Netherlands and the Insurgency in Iraq" March 9, 2006 http://delong.typepad.com/sdj/2006/03/recurrence.html

J. Bradford DeLong (2006), "Dark Matter: Global Imbalances" February 26, 2006 http://delong.typepad.com/sdj/2006/02/dark_matter.html

J. Bradford DeLong (2005), "A Platonic Dialogue on Journalistic Fairness, the Internet, Judy Miller Sourcing Ethics, Cross-Potomac White-Collar Outsourcing, and Other Topics" December 21 http://delong.typepad.com/sdj/2005/12/a_platonic_dial.html

J. Bradford DeLong (2005), "A Lost Teachable Moment: James Ferguson on Zambia" October 25 http://delong.typepad.com/sdj/2005/10/a_lost_teachabl.html

J. Bradford DeLong (2005), "Dingbat Kabuki! (Yet Another Why-Oh-Why Can't We Have a Better Press Corps Edition)" October 17 http://delong.typepad.com/sdj/2005/10/dingbat_kabuki_.html

J. Bradford DeLong (2005), "Grading the Greenspan Fed" October 4 http://delong.typepad.com/sdj/2005/10/grading_the_gre.html

J. Bradford DeLong (2005), "A Meditation on Twentieth-Century Political-Military History: The Causualties of the Red Army During World War II" October 2 http://delong.typepad.com/sdj/2005/10/a_meditation_on.html

J. Bradford DeLong (2005), "Why Oh Why Can't We Have a Better Press Corps?" September 27 http://delong.typepad.com/sdj/2005/09/why_oh_why_cant_10.html

J. Bradford DeLong (2005), "The Coming Dollar Crisis?" September 15 http://delong.typepad.com/sdj/2005/09/the_coming_doll.html

J. Bradford DeLong (2005), "History, Politics, and Moral Philosophy: Explanation and Justification" August 24 http://delong.typepad.com/sdj/2005/08/history_politic.html

J. Bradford DeLong (2005), "John McGowan Seeks a Guide for the Perplexed" August 2 http://delong.typepad.com/sdj/2005/08/john_mcgowan_se.html

J. Bradford DeLong (2005), "Tim Burke Critiques Jared Diamond" July 29 http://delong.typepad.com/sdj/2005/07/tim_burke_criti.html

J. Bradford DeLong (2005), "Two Months Before the Mast of Post-Modernism" July 15 http://delong.typepad.com/sdj/2005/07/two_months_befo.html

J. Bradford DeLong (2005), "Justifications for the Long-Run Productivity Growth Forecasts in the Trustees' Reports" March 25 http://delong.typepad.com/sdj/2005/03/justifications_.html

J. Bradford DeLong (2005), "A Positive Program for Social Security" March 17 http://delong.typepad.com/sdj/2005/03/a_positive_prog.html

J. Bradford DeLong (2005), "Dogs vs. Cats, State vs. Treasury, Diplomats vs. Economists" February 28 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000447.html

J. Bradford DeLong (2005), "Thanks, Guys, About Twenty-Two Years Late" February 13 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000345.html

J. Bradford DeLong (2005), "Shame on the Washington Post" February 11 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000328.html

J. Bradford DeLong (2005), "Outline of a Social Security Deal?" January 30 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000256.html

J. Bradford DeLong (2004), "In Defense of the 1st and 4th Infantry Divisions" December 29 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000072.html

J. Bradford DeLong (2004), "A Letter to a Noble Friend on the U.S. Budget" December 29 http://www.j-bradford-delong.net/movable_type/2005-3_archives/000070.html

J. Bradford DeLong (2004), "The Best of the Achaeans" December 6 http://www.j-bradford-delong.net/movable_type/2005_archives/000031.html

J. Bradford DeLong (2004), "Academic Administrators" November 29 http://www.j-bradford-delong.net/movable_type/2004-2_archives/000599.html

J. Bradford DeLong (2004), "Seth Stevenson Urges Us to Be Worse than Debbie" September 28 http://www.j-bradford-delong.net/movable_type/2004-2_archives/000262.html

J. Bradford DeLong (2004), "The United States as a Developing Country during the Cold War" August 26 http://www.j-bradford-delong.net/movable_type/2004-2_archives/000049.html

J. Bradford DeLong (2004), "On the Maximization of Social Welfare" June 30 http://www.j-bradford-delong.net/movable_type/2004_archives/001114.html

J. Bradford DeLong (2004), "Harry Dexter White Was a Security Risk" June 7 http://www.j-bradford-delong.net/movable_type/2004_archives/000967.html

J. Bradford DeLong (2004), "No Libertarians in the Seventeenth-Century Highlands" March 6 http://www.j-bradford-delong.net/movable_type/2004_archives/000423.html

J. Bradford DeLong (2004), "What's Going on with the Economy?" February 23 http://www.j-bradford-delong.net/movable_type/2004_archives/000353.html

J. Bradford DeLong (2004), "Administration 2004 Employment Projections One Last Time" February 18 http://www.j-bradford-delong.net/movable_type/2004_archives/000320.html

J Bradford DeLong (2004), "What's the Antonym of 'White House Aide'?" February 16 http://www.j-bradford-delong.net/movable_type/2004_archives/000303.html

J. Bradford DeLong (2004), "Department of Productivity Growth" February 10 http://www.j-bradford-delong.net/movable_type/2004_archives/000267.html

J. Bradford DeLong (2004), "The Future of the Economy--The Next Year and the Next Decade" January 15 http://www.j-bradford-delong.net/movable_type/2004_archives/000320.html

J. Bradford DeLong (2004), "Getting Robert Rubin's Job" January 14 http://www.j-bradford-delong.net/movable_type/2004_archives/000021.html

J. Bradford DeLong (2003), "Thoughts on Rubinomics" December 20 http://www.j-bradford-delong.net/movable_type/2003_archives/002921.html

J. Bradford DeLong (2003), "A Shiver in My Spine: Chevauchee" December 3 http://www.j-bradford-delong.net/movable_type/2003_archives/002881.html

J. Bradford DeLong (2003), "How Rich Is Fitzwilliam Darcy?" November 15 http://www.j-bradford-delong.net/movable_type/2003_archives/002730.html

J. Bradford DeLong (2003), "The Grand Strategy of the United States of America" October 21 http://www.j-bradford-delong.net/movable_type/2003_archives/002543.html

J. Bradford DeLong (2003), "Why Oh Why Can't We Have a Better Press Corps? Katie Hafner Covers George Gilder" October 19 http://www.j-bradford-delong.net/movable_type/2003_archives/002521.html

J. Bradford DeLong (2003), "Eliot Abrams Identifies Himself with Joe McCarthy" October 17 http://www.j-bradford-delong.net/movable_type/2003_archives/002512.html

J. Bradford DeLong (2003), "The 'Embedded Economy' Thesis" October 15 http://www.j-bradford-delong.net/movable_type/2003_archives/002483.html

J. Bradford DeLong (2003), "A Non-Socratic Dialogue on Social Welfare Functions" October 9 http://www.j-bradford-delong.net/movable_type/2003_archives/002425.html

J. Bradford DeLong (2003), "Where Are the Grownups in the Republican Party?" September 27 http://www.j-bradford-delong.net/movable_type/2003_archives/002336.html

J. Bradford DeLong (2003), "More Thoughts on Jackson Hole" September 4 http://www.j-bradford-delong.net/movable_type/2003_archives/002132.html

J. Bradford DeLong (2003), "The Erosion of Okun's Law" September 3 http://www.j-bradford-delong.net/movable_type/2003_archives/002121.html

J. Bradford DeLong (2003), "Outsourcing Our Future?" August 19 http://www.j-bradford-delong.net/movable_type/2003_archives/002014.html

J. Bradford DeLong (2003), "Exorbitant Privilege, or, How Worrisome Is the U.S. Trade Deficit?" August 16 http://www.j-bradford-delong.net/movable_type/2003_archives/001993.html

J. Bradford DeLong (2003), "Output and Hours since 1960" August 15 http://www.j-bradford-delong.net/movable_type/2003_archives/001987.html

J. Bradford DeLong (2003), "More Good GDP (and Productivity) News About the Second Quarter" August 15 http://www.j-bradford-delong.net/movable_type/2003_archives/001986.html

J. Bradford DeLong (2003), "David Brooks Gets Burned by Trusting Charles Murray" August 14 http://www.j-bradford-delong.net/movable_type/2003_archives/001975.html

J. Bradford DeLong (2003), "In the Shadow of Malthus" July 26 http://www.j-bradford-delong.net/movable_type/2003_archives/001849.html

J. Bradford DeLong (2003), "Crude Life Expectancy Estimates" July 25 http://www.j-bradford-delong.net/movable_type/2003_archives/001846.html

J. Bradford DeLong (2003), "Germany on the Eve of the Great Depression" July 24 http://www.j-bradford-delong.net/movable_type/2003_archives/001832.html

J. Bradford DeLong (2003), "Utility, Stacking the Deck, and 'Original Appropriation'" July 17 http://www.j-bradford-delong.net/movable_type/2003_archives/001778.html

J. Bradford DeLong (2003), "The Wetware of the Digital Divide" July 8 http://www.j-bradford-delong.net/movable_type/2003_archives/001723.html

J. Bradford DeLong (2003), "A Platonic Dialogue on the Practice of Monetary Policy" July 7 http://www.j-bradford-delong.net/movable_type/2003_archives/001712.html

J. Bradford DeLong (2003), "The Long, Dark Night of the Soul of the Monetary Economist: A Platonic Dialogue" July 7 http://www.j-bradford-delong.net/movable_type/2003_archives/001711.html

J. Bradford DeLong (2003), "Better Futures that Might Have Been" July 7 http://www.j-bradford-delong.net/movable_type/2003_archives/001710.html

J. Bradford DeLong (2003), "What Should College Professors Be Paid?" July 6 http://www.j-bradford-delong.net/movable_type/2003_archives/001699.html

J. Bradford DeLong (2003), "Inequality by Race" June 27 http://www.j-bradford-delong.net/movable_type/2003_archives/001657.html

J. Bradford DeLong (2003), "On Affirmative Action: Andrew Sullivan Is Wrong Again" June 27 http://www.j-bradford-delong.net/movable_type/2003_archives/001655.html

J. Bradford DeLong (2003), "Equality of Opportunity" June 24 http://www.j-bradford-delong.net/movable_type/2003_archives/001635.html

J. Bradford DeLong (2003), "'The Weaknesses and Foibles of Modernity': What Leo Strauss Means" June 7 http://www.j-bradford-delong.net/movable_type/2003_archives/001601.html

J. Bradford DeLong (2003), "Notes: The Character of the Absolutist State in Western Europe" May 12 http://www.j-bradford-delong.net/movable_type/2003_archives/001453.html

J. Bradford DeLong (2003), "Elementary Statistics and William Bennett" May 6 http://www.j-bradford-delong.net/movable_type/2003_archives/001415.html

J. Bradford DeLong (2003), "No More Circulation of Elites! Brad DeLong Abandons the Bipartisan Center" May 3 http://www.j-bradford-delong.net/movable_type/2003_archives/001390.html

J. Bradford DeLong (2003), "Uncle Milton: Notes" April 17 http://www.j-bradford-delong.net/movable_type/2003_archives/001309.html

J. Bradford DeLong (2003), "Measuring Business Cycles" April 15 http://www.j-bradford-delong.net/movable_type/2003_archives/001302.html

J. Bradford DeLong (2003), "Why Can't Reporters Do a Better Job?" March 26 http://www.j-bradford-delong.net/movable_type/2003_archives/001236.html

J. Bradford DeLong (2003), "The Impact on Web Quality of Positive Feedback Linking Practices" March 16 http://www.j-bradford-delong.net/movable_type/2003_archives/001185.html

J. Bradford DeLong (2003), "Ontological Breakdown" March 14 http://www.j-bradford-delong.net/movable_type/2003_archives/001178.html

J. Bradford DeLong (2003), "Thoughts on the Republican Economists' Letter" February 25 http://www.j-bradford-delong.net/movable_type/2003_archives/000811.html

J. Bradford DeLong (2003), "On Machiavelli's 'Letter to Vettori'" February 11 http://www.j-bradford-delong.net/movable_type/2003_archives/000006.html

J. Bradford DeLong (2003), "Deficits and Interest Rates Once Again" February 5 http://www.j-bradford-delong.net/movable_type/archives/001543.html

J. Bradford DeLong (2003), "A (Very Short) Guide for the Perplexed: Understanding the Budget Deficit Debate" January 21 http://www.j-bradford-delong.net/movable_type/archives/001453.html

J. Bradford DeLong (2003), "It's Time for Glenn Hubbard to Quit as CEA Chair: He's Burned Out" January 7 http://www.j-bradford-delong.net/movable_type/archives/001351.html

J. Bradford DeLong (2002), "Why Does the New York Times Publish This Dreck?: Abigail Thernstrom" December 18 http://www.j-bradford-delong.net/movable_type/archives/001289.html

J. Bradford DeLong (2002), "Glenn Reynolds: Ideological Hack" September 18 http://www.j-bradford-delong.net/movable_type/archives/000879.html

J. Bradford DeLong (2002), "Greenspan 5, DeLong 2" September 14 http://www.j-bradford-delong.net/movable_type/archives/000860.html

J. Bradford DeLong (2002), "Strangeness Squared: Berkeley's New Media Center Starts Off on the Wrong Foot" September 10 http://www.j-bradford-delong.net/movable_type/archives/000839.html

J. Bradford DeLong (2002), "A Platonic Dialogue on Eldred v. Ashcroft" September 9 http://www.j-bradford-delong.net/movable_type/archives/000835.html

J. Bradford DeLong (2002), "Glenn Hubbard Keeps Pitching" August 22 http://www.j-bradford-delong.net/movable_type/archives/000557.html

J. Bradford DeLong (2002), "The Two Decade-Long Fall in America's Private Savings Rate" July 3 http://www.j-bradford-delong.net/movable_type/archives/000297.html

J. Bradford DeLong (2002), "Red Eyes" June 26 http://www.j-bradford-delong.net/movable_type/archives/000257.html

J. Bradford DeLong (2002), "William Grieder: Hoping that the Flaws in the U.S. Economy Throw a Lot of People Out of Work" June 22 http://www.j-bradford-delong.net/movable_type/archives/000187.html

J. Bradford DeLong (2002), "My Very, Very Allergic Reaction to Noam Chomsky: Khmer Rouge, Faurisson, Milosevic" June 17 http://www.j-bradford-delong.net/movable_type/archives/000155.html

J. Bradford DeLong (2002), "The Repeal of the Estate Tax" June 11 http://www.j-bradford-delong.net/movable_type/archives/000118.html

J. Bradford DeLong (2002), "World Population Distribution 2000" May 31 http://www.j-bradford-delong.net/movable_type/archives/000007.html

J. Bradford DeLong (2001), "The Advent of the American Recession" December 15 http://www.j-bradford-delong.net/TotW/g39.html

J. Bradford DeLong (2001), "The Islamic Reformation" October 15 http://www.j-bradford-delong.net/TotW/Islamic_reformation.html

J. Bradford DeLong (2001), "The Industrial Revolution in Cotton Spinning" September 15 http://www.j-bradford-delong.net/TotW/g33.html

J. Bradford DeLong (2001), "Consumer Harm and the Microsoft Case:" September 15 http://www.j-bradford-delong.net/TotW/microsoft.html

J. Bradford DeLong (2001), "Trade with Mexico" March 15 http://www.j-bradford-delong.net/TotW/g46.html

J. Bradford DeLong (2001), "Unemployment in the 1990s" March 1 http://www.j-bradford-delong.net/TotW/g45.html

J. Bradford DeLong (2001), "New Estimates of CPI Bias from Dora Costa" February 20 http://www.j-bradford-delong.net/TotW/g20.html

J. Bradford DeLong (2001), "The World's Income Distribution: Turning the Corner?" February 15 http://www.j-bradford-delong.net/TotW/world_income_dist.html

J. Bradford DeLong (2001), "Output Growth in the Late 1990s" February 10 http://www.j-bradford-delong.net/TotW/g42.html

J. Bradford DeLong (2001), "Inflation in the Late 1990s" February 1 http://www.j-bradford-delong.net/TotW/g40.html

J. Bradford DeLong (2001), "Investment and the Recession of 2001" February 1 http://www.j-bradford-delong.net/TotW/g41.html

J. Bradford DeLong (2000), "To Tallahassee and Back" December 28 http://www.j-bradford-delong.net/TotW/tallahassee.html

J. Bradford DeLong (2000), "Global Warming" August 15 http://www.j-bradford-delong.net/TotW/g3.html

J. Bradford DeLong (2000), "Forecasting Inflation" July 15 http://www.j-bradford-delong.net/TotW/g2.html

J. Bradford DeLong (2000), "NAFTA's (Qualified) Success" July 10 http://www.j-bradford-delong.net/TotW/nafta.html

J. Bradford DeLong (2000), "East Asia's Recovery: Where Did All the Financial Crises Go>" June 21 http://www.j-bradford-delong.net/TotW/ea_20006.html

J. Bradford DeLong (2000), "The End of the Inheritance Tax?" June 20 http://www.j-bradford-delong.net/TotW/estatetax.html

J. Bradford DeLong (2000), "My Despair at American Land-Use Planning" May 15 http://www.j-bradford-delong.net/TotW/land_use.html

J. Bradford DeLong (2000), "You're Working to Change It, Right Dad? Karl Marx, Modern Feminism, and the Bohemian Club" February 21 http://www.j-bradford-delong.net/TotW/bohemia.html

J. Bradford DeLong (1999), "Dialing for Dollars: The Politics of Getting Funding for California Schools" October 15 http://www.j-bradford-delong.net/Politics/dialing.html


2. Working Papers, Comments, and Notes

J. Bradford DeLong (2007), "The Domestic Macroeconomic Outlook" February 28 http://delong.typepad.com/sdj/2007/02/the_domestic_ma.html

J. Bradford DeLong (2006), "Comment on Christina Wang, 'Financial Innovations, Idiosyncratic Risk, and the Joint Evolution of Real and Financial Volatilities'" November 17 http://delong.typepad.com/sdj/2006/11/comment_on_chri.html

J. Bradford DeLong (2006), "Lecture Notes on the Equity Premium I" March 2, 2006 http://delong.typepad.com/sdj/2006/03/20060302_stocks.html

J. Bradford DeLong (2005), "External Imbalances and Adjustment in the Pacific Basin" September 22 http://delong.typepad.com/sdj/2005/09/external_imbala.html

J. Bradford DeLong (2005), "Statement on Social Security Reform" May 12 http://delong.typepad.com/sdj/2005/05/statement_on_so.html

J. Bradford DeLong (2005), "Some Simple Analytics for a 'Hard Landing'" April 20 http://www.j-bradford-delong.net/movable_type/pdf/hard_landing.pdf

J. Bradford DeLong (2005), "Asset Returns and Economic Growth: The Econ 1 Version" April 15 http://www.j-bradford-delong.net/movable_type/pdf/AREG-Econ1.pdf

J. Bradford DeLong (2005), "Returns, Growth, and the Funding of Social Insurance: A Note" April 14 http://www.j-bradford-delong.net/movable_type/pdf/note_rgsi.pdf

J. Bradford DeLong (2004), "Discussion of N. Gregory Mankiw and Matthew Weinzerl, 'Dynamic Scoring: A Back-of-the-Envelope Guide'" November 4 http://www.j-bradford-delong.net/movable_type/2004-2_archives/000503.html

J. Bradford DeLong (2004), "The Ghost of Andrew Mellon" July 24 http://www.j-bradford-delong.net/movable_type/2004_archives/001233.html

J. Bradford DeLong, Robert Greenstein, and Peter Orszag (2004), "Cleaning Up After the Elephants: Correcting Robert Samuelson's Review of Robert Rubin's Memoirs" June 3 http://www.j-bradford-delong.net/movable_type/2004_archives/000931.html

J. Bradford DeLong (2004), "Comment on Montek Ahluwalia, 'Lessons from Indian Development'" March 10 http://www.j-bradford-delong.net/movable_type/2004_archives/000457.html

J. Bradford DeLong (2004), "The Monetarist Counterrevolution" March 1 http://www.j-bradford-delong.net/movable_type/2004_archives/000393.html

J. Bradford DeLong (2003), "A Framework for the Economic Analysis of Technological Revolutions" December 3, 2003 http://www.j-bradford-delong.net/movable_type/2003_archives/002838.html

J. Bradford DeLong (2003), "The Tasks of Economic Historians" September 20 http://www.j-bradford-delong.net/movable_type/2003_archives/002271.html

J. Bradford DeLong (2003), "Notes: More Demand Curves that Slope the Wrong Way: Shleifer and Vishny on the Limits to Arbitrage" April 10 http://www.j-bradford-delong.net/movable_type/2003_archives/001289.html

J. Bradford DeLong (2003), "Notes: Risk Aversion" April 10 http://www.j-bradford-delong.net/movable_type/2003_archives/001288.html

J. Bradford DeLong (2003), "Teaching Shleifer's 'Implementation Cycles'" February 14 http://www.j-bradford-delong.net/movable_type/2003_archives/000033.html

J. Bradford DeLong (2002), "Financial Systems and Growth Prospects in Asia" September 27 http://www.j-bradford-delong.net/movable_type/archives/000923.html

J. Bradford DeLong (2002), "Vulgar Monetarism" July 24 http://www.j-bradford-delong.net/movable_type/archives/000419.html

J. Bradford DeLong (2002), "Macroeconomic Vulnerabilities in the Twenty-First Century" July 9 http://www.j-bradford-delong.net/movable_type/archives/000331.html

J. Bradford DeLong (2002), "Sustaining American Economic Growth: The Key Role of Education" July 8 http://www.j-bradford-delong.net/movable_type/archives/000324.html

J. Bradford DeLong (2002), "PEIS: Notes on Reform" June 6 http://www.j-bradford-delong.net/movable_type/archives/000087.html

J. Bradford DeLong (2002), "911--Can There Be an Economist's View?" McKenna Lecture at Claremont-McKenna College April 30 http://www.j-bradford-delong.net/TotW/mckenna.html

J. Bradford DeLong (2002), "Simple Economic Animations Library" January 12 http://www.j-bradford-delong.net/macro_online/simple_animations_library/sa_library.html

J. Bradford DeLong (2001), "The Next Industrial Revolutions: CITRIS Kickoff Speech" September 3 http://www.j-bradford-delong.net/TotW/citris_kickoff.html

J. Bradford DeLong (2001), "Notes: Kennedy School Conference on Economic Policy in the 1990s" June 24 http://www.j-bradford-delong.net/Econ_Articles/CIEP/comments_and_presentations.html

J. Bradford DeLong (2001), "A Historical Perspective on the 'New Economy'" June 15 http://www.j-bradford-delong.net/TotW/Montreal_June_2001.html

J. Bradford DeLong (2001), "The Monetarist Counterrevolution" April 15 http://www.j-bradford-delong.net/TotW/counterrev.html

J. Bradford DeLong (2001), "The New Economy: What Kind of a Historical Turning Point?" January 11 http://www.j-bradford-delong.net/oped/virtual/phoenix.html

J. Bradford DeLong (2000), "Gore-Bush Debate vs. Michael Boskin" October 25 http://www.j-bradford-delong.net/TotW/bush_gore/boskin_debate.html

J. Bradford DeLong (2000), "Main Themes of Twentieth Century Economic History" October 23 http://www.j-bradford-delong.net/TotW/berk_fac_lunch/lunch_Berkeley.html

J. Bradford DeLong (2000), "How Fast Is Modern Economic Growth?" June 11 http://www.j-bradford-delong.net/Comments/FRBSF_June11.html

J. Bradford DeLong and A. Michael Froomkin (1999), "Speculative Microeconomics for Tomorrow's Economy" November 14 http://www.j-bradford-delong.net/OpEd/virtual/technet/spmicro.html

J. Bradford DeLong and Carlos Ramirez (1996), "Understanding America's Hesitant Steps Toward Financial Capitalism" http://www.j-bradford-delong.net/movable_type/archives/000656.html

J. Bradford DeLong and Richard Grossman (1996), "The British Stock Market and British Economic Growth, 1870-1914" (Berkeley, CA) http://www.j-bradford-delong.net/movable_type/archives/000655.html

J. Bradford DeLong (1995), "Farewell to Treasury" (as prepared for delivery, May 24) http://www.j-bradford-delong.net/movable_type/archives/000647.html

J. Bradford DeLong (1994), "The Equipment Investment Boom" May 18 http://www.j-bradford-delong.net/movable_type/archives/000275.html

J. Bradford DeLong (1994), "Economic Consequences of the Balanced-Budget Amendment" (Washington, DC, April) http://www.j-bradford-delong.net/movable_type/archives/000642.html

J. Bradford DeLong (1993), "Globalization and Wage Stagnation" (Washington, DC, August) http://www.j-bradford-delong.net/movable_type/archives/000637.html

J. Bradford DeLong (1993), "The Macroeconomics of War and Peace: Comment," NBER Macroeconomics Annual, pp. 247-50 http://www.j-bradford-delong.net/movable_type/archives/000636.html

J. Bradford DeLong (1993), "The Deficits of the 1980s" June 17 http://www.j-bradford-delong.net/movable_type/archives/000432.html

J. Bradford DeLong (1993), "The Investment Tax Credit and Economic Growth" (Washington, D.C.: American Council for Capital Formation) http://www.j-bradford-delong.net/movable_type/archives/000632.html

J. Bradford DeLong (1992), "Deficit Reduction and the Short-Run Macroeconomic Outlook" (as of December 1992) (Cambridge, MA, December) http://www.j-bradford-delong.net/movable_type/archives/000631.html

J. Bradford DeLong (1990), "'Liquidation' Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression" (Cambridge, MA: Harvard University Department of Economics) http://www.j-bradford-delong.net/movable_type/archives/000602.html

J. Bradford DeLong and Lawrence H. Summers (1990), "Price Level 'Flexibility' and the Coming of the New Deal: A Response to Sumner," Cato Journal 9: 1 (Winter), pp. 729-735 http://www.j-bradford-delong.net/movable_type/archives/000598.html

J. Bradford DeLong and Lawrence H. Summers, "On the Existence and Interpretation of a 'Unit Root' in U.S. Real GDP" (Cambridge, MA: Harvard University Department of Economics, 1989) http://www.j-bradford-delong.net/movable_type/archives/000594.html


3. Op-Eds

J. Bradford DeLong (2007), "The Secret Language of Central Bankers," Project Syndicate April 2 http://delong.typepad.com/sdj/2007/04/brad_delong_the.html

J. Bradford DeLong (2007), "Sailing into Harm's Way vs. the Dangerously Eloquent Jeff Faux," TPM Cafe February 27 http://www.tpmcafe.com/blog/coffeehouse/2007/feb/27/sailing_into_harms_way_versus_the_dangerously_eloquent_jeff_faux

J. Bradford DeLong (2007), "Wall Street Journal Econoblog: Arnold Kling vs. Brad DeLong on the New Deal" February 7 http://delong.typepad.com/sdj/2007/02/arnold_kling_vs.html

J. Bradford DeLong (2007), "Fearless Financial Markets," Project Syndicate February http://www.project-syndicate.org/commentary/delong56

J. Bradford DeLong (2007), "Inequality on the March," Project Syndicate January http://www.project-syndicate.org/commentary/delong55

J. Bradford DeLong (2006), "Saved by Taxes," Project Syndicate December http://www.project-syndicate.org/commentary/delong54

J. Bradford DeLong (2006), "Friedman Completed Keynes," Project Syndicate November 29 http://www.dailytimes.com.pk/default.asp?page=2006/11/29/story_29-11-2006_pg3_5

J. Bradford DeLong (2006), "A Man Who Hated Government: An Obituary for Milton Friedman" November 17 http://www.salon.com/news/feature/2006/11/17/milton_friedman/

J. Bradford DeLong (2006), "Has Neoliberalism Failed Mexico?" Project Syndicate September http://www.project-syndicate.org/commentary/delong51

J. Bradford DeLong (2006), "The Odds of Economic Meltdown,"