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Encyclopedia > J. Bradford DeLong

J. Bradford DeLong (b. June 24, 1960, Boston) is a professor of economics at the University of California, Berkeley and a former Deputy Assistant Secretary of the U.S. Treasury in the Clinton Administration. He writes a popular blog, ([1]) Brad DeLong's Semi-Daily Journal, which covers political, technical, and economic issues as well as criticism of their coverage in the media. He is also the author of a textbook, Macroeconomics, the second edition of which he coauthored with Marty Olney. June 24 is the 175th day of the year (176th in leap years) in the Gregorian Calendar, with 190 days remaining. ... 1960 (MCMLX) was a leap year starting on Friday (the link is to a full 1960 calendar). ... Nickname: City on the Hill, Beantown, The Hub (of the Universe)1, Athens of America, The Cradle of Revolution, Puritan City, Americas Walking City Location in Massachusetts, USA Counties Suffolk County Mayor Thomas M. Menino(D) Area    - City 232. ... Face-to-face trading interactions on the New York Stock Exchange trading floor. ... Sather tower (the Campanile) looking out over the San Francisco Bay and Mount Tamalpais. ... The United States Department of the Treasury is a Cabinet department, a treasury, of the United States government established by an Act of U.S. Congress in 1789 to manage the revenue of the United States government. ... President Clintons Cabinet, circa 1993 Headed by President of the United States Bill Clinton, the Clinton Administation was the executive branch of the federal government of the United States from 1993 to 2001. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...


DeLong is an editor of ([2]) The Economists' Voice, and has in the past been co-editor of the widely-read Journal of Economic Perspectives. He is a research associate of the National Bureau of Economic Research and a visiting scholar at the Federal Reserve Bank of San Francisco. The Journal of Economic Perspectives (JEP) is a economic journal published by the American Economic Association. ... The National Bureau of Economic Research (NBER) is a private, nonprofit, nonpartisan research organization dedicated to studying the science and empirics of economics, especially the American economy. ... The facade of the Federal Reserve Bank of San Francisco. ...


As part of the Treasury Department in the Clinton administration, he worked on the 1993 budget, on the Uruguay Round of the General Agreement on Tariffs and Trade, on the North American Free Trade Agreement, on the unsuccessful health care reform effort, and on other policies. William Jefferson Bill Clinton (born William Jefferson Blythe III[1] on August 19, 1946) was the 42nd President of the United States, serving from 1993 to 2001. ... The Uruguay Round was a trade negotiation lasting from September 1986 to April 1994 which transformed the General Agreement on Tariffs and Trade into the World Trade Organization. ... The General Agreement on Tariffs and Trade (typically abbreviated GATT) was originally created by the Bretton Woods Conference as part of a larger plan for economic recovery after World War II. The GATTs main purpose was to reduce barriers to international trade. ... The North American Free Trade Area is the trade bloc created by the North American Free Trade Agreement (NAFTA) and its two supplements, the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC), whose members are Canada, Mexico and the United States. ... In 1993, United States President Bill Clintons administration proposed a significant health care reform package. ...


DeLong is both a liberal in the modern American political sense and a free trade neo-liberal. He is part of an increasingly influential group of center-left bloggers who include Kevin Drum (formerly "CalPundit") and Matt Yglesias of The American Prospect. In the blogosphere, DeLong is regarded as a nemesis of libertarian journalist Donald Luskin, whom he refers to as "The Stupidest Man Alive", for what DeLong views as Luskin's frequent misstatements regarding basic economic theory. In addition to his own "Semi-Daily Journal", he maintains the Shrillblog. American liberalism—that is, liberalism in the United States of America—is a broad political and philosophical mindset, favoring individual liberty, and opposing restrictions on liberty, whether they come from established religion, from government regulation, from the existing class structure, or from multi-national corporations. ... Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ... The term neoliberalism is used to describe a political-economic philosophy that had major implications for government policies beginning in the 1970s – and increasingly prominent since 1980 – that de-emphasizes or rejects positive government intervention in the economy, focusing instead on achieving progress and even social justice by... This article is being considered for deletion in accordance with Wikipedias deletion policy. ... This does not cite its references or sources. ... The American Prospect is a monthly magazine which focuses on US politics and public policy. ... Donald Luskin is the Chief Investment Officer for Trend Macrolytics LLC, an investment consulting firm. ... Shrillblog is a weblog maintained primarily by J. Bradford DeLong, with input from Tyler Cowen, Andrew Northrup, and others. ...


DeLong lives in suburban Lafayette, California, and is married to Ann Marie Marciarille. He received his Ph.D. from Harvard University in 1987. Before moving to Berkeley, he taught at Harvard, Boston University, and MIT. Lafayette is a city in Contra Costa County, California, United States. ... Doctor of Philosophy, abbreviated Ph. ... Harvard University (incorporated as The President and Fellows of Harvard College) is a private university in Cambridge, Massachusetts, USA. Founded in 1636,[2] Harvard is the oldest institution of higher learning still operating in the United States. ... 1987 (MCMLXXXVII) was a common year starting on Thursday of the Gregorian calendar. ... For similarly-named academic institutions, see Boston (disambiguation). ... Mapúa Institute of Technology (MIT, MapúaTech or simply Mapúa) is a private, non-sectarian, Filipino tertiary institute located in Intramuros, Manila. ...


Allegations of insensitivity toward Asian-Americans

In justifying bias in college admissions against Asians, DeLong declared that an Asian-American needs to shoulder a "fair share of the collective responsibility for the evils of slavery and Jim Crow," in order "to be considered a man." [3][4] DeLong's remarks have prompted charges of insensitivity toward Asians and their plight in America. [5]


Publications

Major publications include:

  • "Asset Returns and Economic Growth" (Brookings Papers on Economic Activity, 2005; co-authored with Dean Baker and Paul Krugman)
  • "Productivity Growth in the 2000s" (NBER Macroeconomics Annual 2003)
  • "Between Meltdown and Moral Hazard: The International Monetary and Financial Policy of the Clinton Administration" (co-authored with Barry J. Eichengreen)
  • "The New Economy: Background, Questions, Speculations" (Economic Policies for the Information Age, 2002; co-authored with Lawrence Summers)
  • "Review of Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain" (Journal of Economic Literature, 2002)
  • "Speculative Microeconomics for Tomorrow's Economy" (First Monday, 2000; co-authored with Michael Froomkin)
  • "America's Peacetime Inflation" (in Reducing Inflation, 1998)
  • "Keynesianism Pennsylvania-Avenue Style" (Journal of Economic Perspectives, 1996)
  • "In Defense of Mexico's Rescue" (Foreign Affairs, 1996; co-authored with Christopher DeLong and Sherman Robinson)
  • "Princes and Merchants: European City Growth before the Industrial Revolution" (Journal of Law and Economics 1993; co-authored with Andrei Shleifer)
  • "The Marshall Plan: History's Most Successful Structural Adjustment Programme" (in R. Dornbusch et al., eds., Postwar Economic Reconstruction and Lessons for the East , Cambridge: M.I.T., 1993; co-authored with Barry Eichengreen)
  • "Productivity and Machinery Investment: A Long-Run Look, 1870-1980" (Journal of Economic History, June 1992)
  • "The Stock Market Bubble of 1929: Evidence from Closed-End Funds" (Journal of Economic History, September 1991; co-authored with Andrei Shleifer)
  • "Equipment Investment and Economic Growth" (Quarterly Journal of Economics, May 1991; co-authored with Lawrence Summers)
  • "Noise trader risk in financial markets" (Journal of Political Economy, 1990; co-authored with Andrei Shleifer, Lawrence Summers, and Robert Waldmann)

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