Recently-Added Files in Reverse Chronological Order

J. Bradford DeLong

October 2001
At least, I find them useful...
Parallels between today and the sixteenth century...

September 2001
Berkeley and some of the other U.C. campuses are starting a Center for Information Technology Research in the Interest of Society; I gave one of the kickoff talks...
A lot of the intermediate macroeconomics syllabus is waste--material that is not very coherent theoretically, false empirically, and unnecessarily complex. The stress placed on the LM curve is one of the most egregious examples.
Why I think my textbook does a better job on economic growth than Greg Mankiw's

August 2001
Some Simple Analytics...
Added 2001-08-31
For the Federal Reserve Bank of Kansas City's Jackson Hole conference...
Added 2001-08-27
A webpage for my fall 2001 intermediate macro course...
Added 2001-08-14
What a look back at the history of attempts to jump-start economic development tells us...
Added 2001-08-05

July 2001

Review of H.N. Turteltaub (2001), Over the Wine-Dark Sea

The focus of the book is not on the development of a character, or on some decisive event in an individual's or a civilization's history, but on the threads and character of daily life in the late fourth-century B.C. Mediterranean.
Added 2001-07-28
Revised version of my attempt to use modern growth theory to make sense of India's recent economic experience
Added 2001-07-20
Stray notes on some peculiarities of human consciousness...
Added 2001-07-07
A reworked version of my review of Skidelsky's John Maynard Keynes: Fighting for Britain
Added 2001-07-01

June 2001
Given at a conference in Montreal.
Added 2001-06-29
Some comments made and reactions to what I heard at the Kennedy School's Clinton Economic Policy Conference. Comments, interventions, and things I wish I'd said.
Added 2001-06-28
A few notes on what the future is likely to bring in terms of the macroeconomy...
Added 2001-06-07

Her blindness to what I see as the effect of government leads her into political naivete...

Added 2001-06-04

May 2001
A joint paper with Barry Eichengreen on Clinton administration international economic and financial policy. At the moment a conference draft exists...
Added 2001-05-31
Some thoughts for a joint paper with Barry Eichengreen on Clinton administration international economic and financial policy. He has a much better title for the real paper: "Between Meltdown and Moral Hazard"...
Added 2001-05-24
I have just gained another job: chair of the Political Economy of Industrial Societies major here at Berkeley...
Added 2001-05-22
In Evans's view a "holocaust denier" clearly loses his or her historian's license, but what about lesser offenses against wie es eigentlich gewesen?...
Added 2001-05-09

April 2001
Preliminary thoughts on the impact of the monetarist counterrevolution of the 1960s and 1970s...
Added 2001-04-29
Three things are worth note: the 'ordinariness' of Indian growth before the late 1980s; the magnitude of the growth acceleration since; and the timing of the acceleration, coming well before neoliberal reforms were well advanced...
Added 2001-04-18
Globalization and Convergence
Mapping the pattern of worldwide economic growth over the past two centuries...
Added 2001-04-10
The NASDAQ index doubled between the fall of 1999 and the spring of 2000, and since has fallen by two-thirds...
Added 2001-04-05
Version for Worldlink
Added 2001-04-03

March 2001
Has the information technology revolution left traces in how our macroeconomy works? Probably...
Added 2001-03-17
Probably the best espionage novel I have ever read--and a very nice work of interwar history too...
Added 2001-03-17

February 2001
China and India have grown remarkably over the past two decades, and for the first time in two centuries world income inequality has actually fallen...
Added 2001-02-07
These two books--Hopes Betrayed and The Economist as Saviour--are together the best biography I have read in a decade; I do not expect to read a better biography for the rest of my life.
Added 2001-02-02

January 2001
The Washington economic policy world turned topsy-turvy...
Added 2001-01-27
On seeing no way to avoid ever-increasing suburban sprawl, and ever-increasing social waste due to traffic jams...
Added 2000-01-19

Review of Dark Continent;

A good book to remind us just how lucky we are that twentieth century European history has had a happy ending...
Added 2000-01-11

December 2000
A good book, but not nearly as good as the first two volumes of Skidelsky's biography, Hopes Betrayed and The Economist as Saviour
Added 2000-12-18
My involvement in and thoughts about the dog's breakfast that is the election in Florida...
Added 2000-12-09

November 2000
For the first time in a decade, it is likely that the Federal Reserve has made a misstep...
Added 2000-11-25
Microsoft defenders claim that its actions haven't harmed consumers. Well, I'm a consumer, and I've been harmed...
Added 2000-11-10
Why I think Gore would make a better president...
Added 2000-11-01

October 2000
Main themes of twentieth century economic history. The extraordinary explosion of wealth in the twentieth century, and its astonishingly unequal distribution. A new version--less triumphalist--of one of my standard talks.
Added 2000-10-23

Forty-nine separate short essays commenting on macroeconomic policy by Rudi Dornbusch. All are well-written, well-argued, and take a definite point of view: Rudi Dornbusch would rather be wrong and clear than right and muddled--he is the antiparticle to that bete noire of Harry Truman, the "on the one hand, on the other hand" economist.

Added 2000-10-15

September 2000
Five things, of which the most important are that globalization leads to increased instability and that political support for our current system of world financial management is shaky...
Added 2000-09-28

One of the best "insider" books on the Clinton presidency I have read. Yet strangely it caused my hackles to rise. It's the natural opposition between economists and speechwriters...

Added 2000-09-28
Less than we should have learned. International capital markets work no better than international currency markets. If we do not figure out how to effectively control and manage them, for a large chunk of the world the experiment with free international capital flows is likely to come to an end...
Added 2000-09-28
Analogizing today to the Gilded Age; very short opening remarks at an e-business conference in Washington, D.C., Septembe 26-27, 2000...
Added 2000-09-26
Is he responsible for any significant share of the good economic news? Yes--as far as the deficit and economic growth are concerned...
Added 2000-09-18
My raw notes from Claudia Goldin's Economic History Association Presidential Address: "The Human Capital Century and American Leadership: Virtues of the Past"
Added 2000-09-11
For the plenary session of the Economic History Assocation's annual meeting this year we--that is, the program committee--mostly it was Ken Sokoloff's idea, and a very good idea it was--invited Jared Diamond and Jeffrey Sachs to speak. We thus invited two non-economic historians who have nevertheless done world-class work in economic history, both working on understanding the origins of the extraordinary gaps in wealth and productivity found in today's world.
Added 2000-09-09

August 2000
Comments on two papers to be presented at the Economic History Association's meeting September 8-10...
Added 2000-08-31
A couple of very good political journalists (but not policy analysts) recount the story of the death of health care reform in 1993-1994.
Added 2000-08-31
The webpage for my fall 2000 undergraduate course...
Added 2000-08-25
The past decade has seen the beginnings of a grand social experiment in North America: the welding-together of all three economies on this continent into a single economic unit through, first, the Canadian-U.S. Free Trade Agreement and, second, the North American Free Trade Agreement [NAFTA]. From an economist's point of view this social experiment seems likely to have a very positive outcome...
Added 2000-08-24
Some say the increasing economic relevance of our data communications and data processing technologies means that profit margins will fall and competition become more perfect; others say that it means that profit margins will rise as dominant firms acquire natural monopolies. Both are right, but are right for different sets of industries...
Added 2000-08-14
The boom in U.S. productivity growth in the late 1990s is likely to herald a boom in productivity growth in other OECD countries like Australia in the next decade--if they can find the resources to fund high levels of investment. But where can a low savings-rate country like Australia safely find the resources to fund high investment?...
Added 2000-08-10
The arguments against freeer trade are very old ones...
Added 2000-08-10

July 2000
Forecasts of what reported growth for the second quarter of 2000 will be show few signs of slowing in the American economy...
Added 2000-07-14
It is now seven years since the debate over NAFTA. It is now time to declare NAFTA a--qualified--success. It has done what it was supposed to do: it has given the forces pushing Mexico toward industrialization, modernization, and democratization a boost...
Added 2000-07-14

June 2000
David Brooks's highly amusing book about what he takes to be America's new upper class...
Added 2000-06-27
Double-digit economic growth has resumed in East Asia. So it's time to ask the unusual question about the East Asian financial crisis: not "what went wrong?" but "what went right"?
Added 2000-06-22
Ever since its beginning, the theory of America has been "equality of opportunity"--who you are depends on what you have done and will do, not on who your daddy was. In making repeal of the estate tax a priority, the Republican leadership is taking a big step away from this principle...
Added 2000-06-22
What difference does the "new economy" make for macroeconomic policy?
Added 2000-06-15
Possible Graph-Drawing Programs for Fall Teaching
I'm starting to construct a library of graph-drawing programs for fall teaching. This draws a line. This draws a curve. This draws a line using input from a form. This draws a line using preset form data.
Added 2000-06-11
Was there any relationship between Reagan's belief in "Star Wars" and the end of the Cold War and the fall of the Soviet Union. Frances Fitzgerald says "no," and makes a very good case.
Added 2000-06-07
Beginning preparations for teaching undergraduate macroeoconomics in the fall of 2000...
Added 2000-06-01

May 2000
Big thoughts about human history and destiny, playing up the long-run benefits of cooperation... 
 Added 2000-05-31
The Meltzer Commission Report A document valuable not for its conclusions or the logic of its arguments, but for what its internal contradictions tell us about the dilemmas of international financial management.
 Added 2000-05-16
Economic Growth Early draft of a Fortune column; another take at thinking about the pace and meaning of economic growth...
Added 2000-05-16
Marking My Beliefs to Market It is important to mark your beliefs to market occasionally. If you don't take a look at where you went right and where you went wrong, you might as well be dead. If you don't ponder why you went wrong, and what other beliefs of yours should probably be adjusted in light of what you have learned, then you are not using your brain.
 Added 2000-05-15
New Economy Forum Laura Tyson is ran a meeting in Silicon Valley on the "new economy". These are my preparation notes...
Added 2000-05-04
DRAFT: The EITC and the Decade of "Welfare Reform" Welfare reform was supposed to make work pay by boosting the incomes of the working poor, training and educating the non-working poor so that they could join the working poor, and helping people find and keep jobs so they could stay in the working poor. Only the first of these has been implemented...
 Added 2000-05-02
Economic History Association Program, Fall 2000 I'm on the program committee for this year's Economic History Association meeting, to be held in Los Angeles on September 8-10... 
 Added 2000-05-01

April 2000
Face Time Erik Tarloff on life in and around the White House...
Added 2000-04-24
Comments on Hall, and on Hobijn and Jovanovic Comments on two papers on the stock market, both of which take stock market values very seriously as telling us something important about the economy
 Added 2000-04-21
Birthday Gifts My wife Ann Marie Marciarille's thoughts on the seventh birthday of our daughter...
 Added 2000-04-13
The Coming End of American Triumphalism: DRAFT Fifteen years ago people were anxious to imitate the Japanese economy. Now people are anxious to imitate America's economy. The pendulum will swing back. But before it does, what are the real lessons that people should take away from America's economic boom of the 1990s?
 Added 2000-04-11
The Dilemma of Antitrust: A Short History: DRAFT The Microsoft case shows antitrust authorities groping around, trying hard to apply old anti-monopoly principles to the new economy. A draft of a piece that appeared in the Los Angeles Times on April 9, 2000
 Added 2000-04-07
Where Did the Reagan Tax Cut Go?: DRAFT Why are taxes as a share of economic activity today higher than they were before the Reagan tax cut?
 Added 2000-04-04
What Is Truly "New" About Our "New Economy"?: DRAFT The changes in business organization and form--the new business ecology of the Silicon Valley System--is the most important aspect of the "new economy"
Added 2000-04-04

March 2000
Thoughts on Visiting the OECD The bureaucratic institution of the OECD reminds me of how past economic policymakers helped make a better world...
Added 2000-03-27
The Economic History of the Twenty-First Century An attempt to sketch out in very broad outlines what the economic history of the twenty-first century will probably be like...
 Added 2000-03-21
An early draft of a possible column for the April 7, 2000 "Economic Scene"
Added 2000-03-21
Powerpoint Slides for Tools for Thought What Is New and Important About the "E-conomy"?
 Added 2000-03-21
Pomeranz's The Great Divergence A very good look at just how western European economies were different from Eurasian economies on the eve of the industrial revolution.
 Added 2000-03-21
Economy and Technology A powerpoint presentation for a talk I will be giving at the OECD on March 27.
Added 2000-03-21
The Coming of the Euro A powerpoint presentation for a talk on the euro.
Added 2000-03-21
Threats to American Economic Preeminence? For a meeting sponsored by the National Intelligence Council--an organization that is trying to understand the difference between "soft" and "hard" power
Added 2000-03-18
Building Tools for Thought What Is New and Important About the "E-conomy"? An op-ed trying to lay out what the issues are.
 Added 2000-03-18
Bushisms Still, nobody can replace Dan Quayle...
 Added 2000-03-06
Tools for Thought: What Is New and Different About the "E-conomy" A first draft of an attempt to bring some order and comprehensibility to the--confused and sprawling--debate over the coming of the e-conomy. Written with John Zysman and Stephen Cohen.
 Added 2000-03-06
Email Email is a peculiar form of communication. It is impolite. People who would get along perfectly well if they met each other in the real world break into venomous exchanges. But email also combines the immediacy and responsiveness of a conversation with the ability to marshal one's arguments usually confined to written essays. And this means that email is often very much worth reading: you see people using their prose-writing muscles, and doing so not in pursuit of their own intellectual agenda but in reaction to other people's comments. As I look back over the past several years, some of the most interesting and insightful things I have written have been in email. So I have collected and organized the relatively long and insightful email messages I have written...
 Added 2000-03-05
Discussion of the Role of Private Equity Capital... A comment on the role of private equity in the economy.
 Added 2000-03-04
Referrals... An updated "referrals" page. How and why people get to my website.
 Added 2000-03-02
Debating Mark Weisbrot on the IMF I was drafted at the last minute to substitute for Richard Portes in a debate with Mark Weisbrot over the role of the Bretton Woods agencies--the IMF, the World Bank, and the WTO.
 Added 2000-03-02
By popular demand, I have put the old and now obsolete draft of my twentieth century economic history book back up because the new draft is not ready yet. 
Added 2000-03-01 

February 2000 
Where Did the Phillips Curve Go? DRAFT of my New York Times "Economic Scene" column on why economists' forecasts of inflation are suddenly a lot less useful.
 Added 2000-02-29
Looking in the Encyclopedia How the online Encyclopedia Britannica is better than the print version, and what this means for our measurement of economic growth.
Added 2000-02-26
Marx, Feminism, and the Bohemian Club On being invited to talk at the woman-excluding Bohemian Club, and then being told that one should be grateful for being given such access to such "ruling class" institutions...
 Added 2000-02-20
E-conomy Sidebars...  
 Added 2000-02-20
Slouching Towards Utopia?: Title Beginning of the latest draft of my twentieth century history book...
Added 2000-02-15 
The Internet and Broadband Why it's good for everyone if there is competition among ISPs to use my cable modem--and thus competition to deliver the internet to me. An abbreviated version of a much longer piece that can be found here.
 Added 2000-02-14

January 2000
What Kind of a Historical Turning Point? Notes for a talk for the Global Business Policy Council Millennium Meeting, Phoenix, AZ, January 13-16, 2000.

A comment on another panel...

 Added 2000-01-13

December 1999
Internet Taxes Governor James Gilmore and his Advisory Commission on Electronic Commerce are coming to town later this week. It brings Gilmore's proposal that there be no internet taxes whatsoever: "Congress should prohibit all sales and use taxes on business-to-consumer internet transactions."

The way that Gilmore has been conducting the debate about internet taxation annoys me. He hides what seem to me to be the crucial issues. His proposals seem to me to be crafted for public-relations gain. He seems not to encourage but rather to discourage serious thought about what should be done on hard issues...

 Added 1999-12-13
An E-conomy? Thoughts about the modern computing and communications revolutions continue to evolve...
 Added 1999-12-13
Prisoner's Dilemma An extended passage from William Poundstone's (1992) marvelous book Prisoner's Dilemma (New York: Doubleday: 038541580X). Economists will find it hilarious and thought-provoking. Others will probably find it bizarre and weird.
 Added 1999-12-10

November 1999
Review of Jared Diamond, Guns, Germs, and Steel I put this book on my website as book-of-the-month a while ago, but I never wrote up why I thought it was worth reading. I think it is very much worth reading: it may well be the best book I read in the 1990s. It is truly a work of complete and total genius.
 Added 1999-11-30
America's Historical Experience with Low Inflation An article I did for a Federal Reserve conference in October 1999 on monetary policy in an age of low inflation.
 Added 1999-11-30
Review of Joseph Williams, Style: Toward Clarity and Grace Most books on how to write better English are near useless. They scare you into worrying that you might use "which" for "that." They demand that you strive for "clarity" or "brevity" or "coherence"--but never tell you how to do so. Joseph Williams's Style: Toward Clarity and Grace is the only truly useful book on English style I have ever found.
 Added 1999-11-27
Code: The Hidden Language of Computer Hardware and Software Possibly the best book that I have read all year. I have been looking for something like Charles Petzold (1999), Code: The Hidden Language of Computer Hardware and Software for twenty-five years. This book does a better job than anything else I have seen in explaining what computers really are and how they really work.

My only complaint is that the book isn't long enough. Five chapters--one on ASCII, one on operating systems, one on floating-point arithmetic, one on high-level languages, and one on GUIs--is about ten too few for software.

 Added 1999-11-23
Speculative Microeconomics for Tomorrow's Economy An updated version of "The Next Economy?"
 Added 1999-11-14
Mock Final Exam--Economics 210a Fall 1999 It is time to start thinking about what the final exam for my graduate economic history course should look like...
 Added 1999-11-14
Macroeconomics Textbook Manifesto I am writing a macroeconomics textbook for Irwin-McGraw-Hill. This is my manifesto: why I think that I can write a better textbook.
Added 1999-11-10


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Professor of Economics J. Bradford DeLong, 601 Evans Hall, #3880
University of California at Berkeley
Berkeley, CA 94720-3880
(510) 643-4027 phone (510) 642-6615 fax

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