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J. Bradford DeLong

J. Bradford DeLong

Writing for PS since 2002
256 commentaries

J. Bradford DeLong, Professor of Economics at the University of California, Berkeley, is a research associate at the National Bureau of Economic Research and the author of Slouching Towards Utopia: An Economic History of the Twentieth Century (Basic Books, 2022). He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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  1. Musk Has Made Tesla a Meme Stock
    delong259_ChesnotGetty Images_musk Omar Marques/Getty Images

    Musk Has Made Tesla a Meme Stock

    May 1, 2024 J. Bradford DeLong worries that the first mover in electric vehicles is increasingly running on bucket-shop hype.

  2. The Mystery of US Interest Rates
    delong258_Kevin DietschGetty Images_interest rates us Kevin Dietsch/Getty Images

    The Mystery of US Interest Rates

    Mar 14, 2024 J. Bradford DeLong asks why market rates and expectations are far from what almost anyone would have anticipated five years ago.

  3. What Is the Fed Thinking?
    delong257_ Win McNameeGetty Images_fed Win McNamee/Getty Images

    What Is the Fed Thinking?

    Feb 5, 2024 J. Bradford DeLong worries that the central bank is keeping monetary policy too restrictive for the macroeconomic situation.

  4. The Fed’s Remarkable Feat
    delong256_Tom Williams-PoolGetty Images_powell Tom Williams/Pool/Getty Images

    The Fed’s Remarkable Feat

    Dec 22, 2023 J. Bradford DeLong argues that the US central bank has managed to humble hawkish and dovish critics alike.

  5. The Attention Economy Goes to Court
    delong255_Beata ZawrzelNurPhoto via Getty Images_google Beata Zawrzel/NurPhoto via Getty Images

    The Attention Economy Goes to Court

    Nov 9, 2023 J. Bradford DeLong examines the arguments being put to the test in the antitrust case against Google.

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  1. zizek30_Fatima ShbairGetty Images_gaza Fatima Shbair/Getty Images

    Protests of Despair

    Slavoj Žižek sees the pro-Palestinian student demonstrations as a signal of a much deeper, widespread malaise.
  2. carstens5_Getty Images_finternet Getty Images

    The Rise of the Finternet

    Agustín Carstens & Nandan Nilekani foresee a world in which cheap, secure, and near-instantaneous financial transactions are available to all.
  3. rodrik222_Kevin FrayerGetty Images_china solar panel Kevin Frayer/Getty Images

    Don’t Fret About Green Subsidies

    Dani Rodrik sees no good argument against industrial policies that accelerate growth in decarbonization industries.
  4. gros186_Sean GallupGetty Images_euro Sean Gallup/Getty Images

    Europe’s Geoeconomic Competitiveness Challenge

    Daniel Gros highlights the security risks raised by the prolonged decline of the EU’s relative economic power.
  5. op_ang1_retrorocketGetty Images_corruption retrorocket/Getty Images

    How Exceptional Is China’s Crony-Capitalist Boom?

    Yuen Yuen Ang

    While both the American and Chinese Gilded Ages raised material standards of living for hundreds of millions of people, their endemic corruption produced radically unequal and unsustainable growth. Ultimately, both periods offer cautionary tales about unbridled crony capitalism, not models for blind emulation.

    explains how corruption both drove the country's GDP growth and sowed the seeds for its current economic problems.
  6. bp india election Photo by SAJJAD HUSSAIN/AFP via Getty Images

    Will India’s Election Destroy Its Democracy?

    Since taking power in 2014, Prime Minister Narendra Modi and his ruling Bharatiya Janata Party have stoked Hindu nationalism, hollowed out India’s democracy, and overseen an economy that is probably performing far worse than official figures suggest. And yet Modi and the BJP are genuinely popular, making them likely – though not certain – to emerge victorious when the ongoing parliamentary election concludes in June.

  7. benami213_YEHUDA RAIZNERAFP via Getty Images_israelflag Yehuda Raizner/AFP via Getty Images

    The Unbearable Lightness of Anti-Zionism

    Shlomo Ben-Ami warns that demonizing all Israelis will only make peace less likely – though that may be the point.
  8. alfredsdottir1_Getty Images_pay gap Getty Images

    How to Close the Gender Wage Gap

    Lilja Dögg Alfreðsdóttir argues that Iceland’s experience lends further support to Nobel laureate economist Claudia Goldin’s research.
  9. brown107_Jeff J Mitchell - Pool Getty Images_covidvaccine Jeff J. Mitchell/Pool/Getty Images

    Getting the Pandemic Treaty Across the Finish Line

    Gordon Brown hopes negotiations will conclude this month, and pushes back on a last-minute wave of misinformation.

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