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06/04/2009
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From Brad DeLong
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."
- Leigh Speakers' Bureau:
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.
It would appear that extensive Atlantic steamship activity preceded 1870 by quite a bit. See
A quote from "Ocean Steamships - 1882 - Crossing the Atlantic in the Late 1800's"
(http://www.gjenvick.com/SteamshipArticles/1882-OceanSteamships.html)
"Thirty years ago sixteen days was a fair allowance for the passage between England and New York by steam. By gradual steps the point was reached when eleven days was the minimum, and this startled the world. Then began a rivalry between the Inman and White Star lines, attended by a succession of runs showing a gradual increase of speed, which proved a great advertisement for these lines.
In 1871 the average time of twenty-four crack voyages by these lines was eight days, fifteen hours and three minutes. The Adriatic's best westward time was forty-three minutes less. It should be remembered that the westward passage is generally longer than in the other direction, owing to westerly winds and the Gulf Stream. "
See also
1838 - http://en.wikipedia.org/wiki/SS_Great_Western
and
1843 - http://en.wikipedia.org/wiki/SS_Great_Britain
Posted by: Peter Schaeffer | 07/01/2009 at 04:09 PM