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J. Bradford DeLong
Robo-apocalypse? Not in your lifetime
By J. Bradford DeLong - May 27,2019
BERKELEY — Will the imminent “rise of the robots” threaten all future human employment? The most thoughtful discussion of that question can be found in MIT economist David H.
The Fed should buy recession insurance
By J. Bradford DeLong - Mar 28,2019
BERKELEY — The next global downturn may still be a little way off. The chances that the north Atlantic as a whole will be in recession a year from now have fallen to about one in four. German growth may well be positive this quarter, while China could rebound, too.
Debt derangement syndrome
By J. Bradford DeLong - Feb 10,2019
BERKELEY — For the past decade, politics in the Global North has been in a state of high madness owing to excessive fear of government debts and deficits.
What will cause the next US recession?
By J. Bradford DeLong - Jan 07,2019
BERKELEY — Over the past 40 years, the US economy has experienced four recessions. Among the four, only the extended downturn of 1979-1982 had a conventional cause.
The great American tax heist turns one
By J. Bradford DeLong - Dec 20,2018
BERKELEY — It has now been one year since US President Donald Trump and his fellow Republicans rammed their massive corporate tax cut through Congress. At the time, critics of the “Tax Cuts and Jobs Act” described it as a cynical handout for wealthy shareholders.
Self-fulfilling financial crises
By J. Bradford DeLong - Oct 16,2018
BERKELEY — The 2008 financial crisis and subsequent recession left the global North 10 per cent poorer than it otherwise would have been, based on 2005 forecasts.
For whom the climate bell tolls
By J. Bradford DeLong - Sep 09,2018
BERKELEY — Scarcely had I begun my first lecture of the fall semester here at the University of California, Berkeley, when I realised that I was too hot. I desperately wanted to take off my professorial tweed jacket.A tweed jacket is a wonderful but peculiar costume.
The ahistorical federal reserve
By J. Bradford DeLong - Aug 12,2018
BERKELEY — Economic developments over the past 20 years have taught, or ought to have taught, the US Federal Reserve (Fed) four lessons.
America the loser
By J. Bradford DeLong - Jul 05,2018
BERKELEY — The Washington Post’s Catherine Rampell recently re-called that when US President Donald Trump held a session for Harley-Davidson executives and union representatives at the White House in February 2017, he thanked them “for building things in America”.
Crisis, rinse, repeat
By J. Bradford DeLong - Apr 12,2018
BERKELEY — Later this century, when economic historians compare the “Great Recession” that started in 2007 with the Great Depression that started in 1929, they will arrive at two basic conclusions.First, they will say the immediate response of the US Federal Reserve and the Depar

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