DeLong: Long Form

Hoisted from Fifteen Years Ago: The Monetarist Counterrevolution

The Monetarist Counterrevolution: April 2001:

Introduction

Last year I published an essay (DeLong, 2000) arguing that modern Keynesians are really monetarists. Even if they--we--do not really like to admit it, most of the key elements in how modern "new Keynesian" economists view the world are derived from or heavily influenced by the work of Milton Friedman.

But that essay left me unsatisfied, for it was only half of the story.

Monday Smackdown/Hoisted from 4 Yrs Ago/April Fools All Year/David Graeber Blogging: No, Silicon Valley Did Not and Does Not Partake of the Anarchist Utopian Nature. Why Did You Imagine It Did?

Brad DeLong : No, Silicon Valley Did Not and Does Not Partake of the Anarchist Utopian Nature. Why Did You Imagine It Did?: I would be smarter if I read more Unfogged comment threads...

Courtesy of an unknown lurker informing the Mineshaft that "Graeber, on Twitter, sourced [his] Apple claim to his memory of a lecture by Richard Wolff", and of bjk commenting on More on Graeber, I am led to the… unusual opinions… of neo-Althusserian structuralist wingnut--and guy who made it pleasant to be at U.Mass--Richard D. Wolff:

Economic Crisis from a Socialist Perspective: Beginnings for the "reform plus" strategy: The contradictions of capitalism offer us partial yet useful examples of the democratization of enterprise advocated by this “reform plus” agenda. One of these, recurring in California for decades, can illustrate our argument.

One Last April-Fools Note on Niall Ferguson: Why Did Keynes Write "In the Long Run We Are All Dead"?

May 09, 2013: Niall Ferguson Is Wrong to Say That He Is Doubly Stupid: Why Did Keynes Write "In the Long Run We Are All Dead"? Weblogging:

Niall Ferguson: An Open Letter to the Harvard Community: "Last week I said something stupid about John Maynard Keynes...

...Asked to comment on Keynes’ famous observation “In the long run we are all dead,” I suggested that Keynes was perhaps indifferent to the long run because he had no children, and that he had no children because he was gay. This was doubly stupid. First, it is obvious that people who do not have children also care about future generations. Second, I had forgotten that Keynes’ wife Lydia miscarried.

Hoisted from 1999: Review of Paul Krugman, The Return of Depression Economics.

Just in case I get swelled-headed and think I am right more often than I am...

Brad DeLong (1999): Review of Paul Krugman, The Return of Depression Economics: Paul Krugman (1999), The Return of Depression Economics (New York: W.W. Norton: 039304839X).

This is a book that anyone interested in international economic policy and the possible destinies of the world economy needs to read. Paul Krugman is, as I have said before, the best claimant to the mantle of John Maynard Keynes: an extremely knowledgeable professional economist, an excellent writer, and an incisive critic of what international economic policymakers are doing wrong.