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J. Bradford DeLong
By J. Bradford DeLong - Feb 04,2023
BERKELEY — My book on the economic history of the twentieth century, published last fall, did not include a chapter on the question of the future or “what we should do next”, because my frequent co-author, Stephen S.
By J. Bradford DeLong - Jan 03,2023
BERKELEY  —  At the start of February 2022, the five-year, five-year-forward consumer-price-index (CPI) inflation break-even rate in the US bond market was hovering at around 2 per cent per year, a figure that corresponds to a chain-weighted personal-consumption-expendi
By J. Bradford DeLong - Nov 16,2022
BERKELEY  —  The big lesson of the past 60 years of US economic policy, according to former vice chair of the US Federal Reserve and current Princeton University economist Alan S.
By J. Bradford DeLong - Oct 22,2022
J. Bradford DeLong Says More…Project Syndicate: In March, you wrote that higher inflation was “inevitable and therefore not regrettable”, because it was “a side effect and a consequence of the robust recovery”, which amounts to a “massive policy victory”.
By J. Bradford DeLong - Oct 03,2022
BERKELEY  —  Soon after the 2020 presidential election, the incoming Biden administration set about mapping out its economic agenda.
By J. Bradford DeLong - Sep 04,2022
BERKELEY  —  When it comes to the United States Congress, nothing is ever over until it’s over. But as of late July, it looks as though two major pieces of legislation will soon be on President Joe Biden’s desk, awaiting his signature.
By J. Bradford DeLong - Sep 03,2022
BERKELEY  —  On September 6, Basic Books is publishing Slouching Towards Utopia, my economic history of the “long twentieth century” from 1870 to 2010.
By J. Bradford DeLong - Jun 15,2022
BERKELEY  —  What policy will the US Federal Reserve announce after the Federal Open Market Committee’s two-day meeting this week, and what policy should it announce?The first question is easy: There is a high probability, 75 per cent, that the Fed will follow its previ
By J. Bradford DeLong - May 14,2022
BERKELEY  —  As of Friday, May 6, the bond market expected US consumer price inflation to average 2.5 per cent between five and ten years from now. That is the rate of inflation needed to equalize returns on inflation-indexed and non-indexed US Treasury securities.
By J. Bradford DeLong - Feb 08,2022
BERKELEY — In the history of modernity, the real sea change came in 1870, with what the Nobel laureate economist Simon Kuznets called “Modern Economic Growth”.



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