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Brad Delong

The Long Depression

Richard (RJ) Eskow | Posted 06.03.2013 | Home
Richard (RJ) Eskow

The Long Depression isn't hitting us all at once. It's taking pieces out of us over the course of years. That's allowed people to define previously unacceptable economic conditions as "The New Normal."

Krugman Blasts Niall Ferguson

The Huffington Post | Bonnie Kavoussi | Posted 08.21.2012 | Home

Paul Krugman says that Newsweek needs to issue a correction for columnist Niall Ferguson's new cover story on why President Obama does not deserve ree...

Review: Ron Suskind's Confidence Men

Brad DeLong | Posted 11.25.2011 | Home
Brad DeLong

Two and a half years ago I would have given long odds that Ron Suskind's 
book would provide me with a lot of the answers to the questions I had about why the Obama economic team chose the policies it did. Unfortunately, it does not.

Economics for Parrots

Brad DeLong | Posted 05.25.2011 | Home
Brad DeLong

It is said that the early nineteenth-century British economist J.R. McCulloch originated the old joke that the only training a parrot needs to be a pa...

Why The Rich Don't Feel 'Rich': Law Professor's Blog Post Sparks Controversy

Huffington Post | William Alden | Posted 05.25.2011 | Home

UPDATE: Citing a "firestorm" of "lies and misinformation," Henderson vowed on his blog this morning to quit blogging. "I misunderstood the technology,...

Let's Be Real About Unemployment

Surya Yalamanchili | Posted 05.25.2011 | Home
Surya Yalamanchili

Our politicians can't grasp structural issues -- they are always hoping for a fast cyclical fix before the next election. Let's acknowledge the real cause of high unemployment and get to work addressing it.

The Unemployment Crisis In Charts: The Latest Data

Posted 05.25.2011 | Home

Today's unemployment data, which showed that the U.S. economy shed 125,000 jobs in June, wasn't pretty. And, not surprisingly, it was roundly trashed ...

How Victorianism Pervades Our Economic Debates

Jonathan Weiler | Posted 05.25.2011 | Home
Jonathan Weiler

Public discussion about appropriate taxing and spending priorities have become warped by an insidious, if often implicit, moralism.

Bloggers See Gloomy Outlook For U.S. Economy, According To New Kauffman Survey

Posted 05.25.2011 | Home

According to the Kauffman Economic Outlook, a new survey of economics bloggers, web pundits' attitude toward the U.S. economy is markedly sober, with ...

Brad DeLong: What Would Have Happened If We Didn't Bailout The Bankers?

Project Syndicate | Brad DeLong | Posted 05.25.2011 | Home

It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...

The Hidden Payoff from Cash for Clunkers

Eric Schurenberg | Posted 05.25.2011 | Home
Eric Schurenberg

To the extent that the Clunkers program gave Americans a reason to believe that things can return to normal and to that the government has a handle on recovery, it was a pretty good investment.

The Geithner Plan: What Is It?

Brad DeLong | Posted 05.25.2011 | Home

Q: What is the Geithner Plan? A: The Geithner Plan is a trillion-dollar operation by which the U.S. acts as the world's largest hedge fund investor, ...

Will Geithner's Bungled Bank Plan Fuel Populist Revolt Against Dems?

Art Levine | Posted 05.25.2011 | Home
Art Levine

"Nationalizing" banks is a dirty word in the American political context, and progressives seeking that goal would be well advised to offer different messaging in selling it to the public.

Sam Stein

Schumer's Bailout Proposal Divides Economists, Interests Obama | Sam Stein | Posted 05.25.2011 | Home

One of the more interesting moments of this morning's Senate Banking Committee hearing with Hank Paulson and Ben Bernanke came when Sen. Chuck Schumer...