BERKELEY — Suppose that you had invested your wealth in a broadly diversified set of stocks, starting in January 1871, with the dividends being rolled back into your portfolio, and with your portfolio being rebalanced every January to maintain diversification.

BERKELEY — Some of us are more optimistic than others about the future.

BERKELEY — In my view, the most profound and insightful work of political economy written in the 2010s was neither a journal article nor a monograph nor a book in the traditional sense. Rather, it was an online symposium.

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.

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

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.

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”.

BERKELEY  —  Soon after the 2020 presidential election, the incoming Biden administration set about mapping out its economic agenda.

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.