J. Bradford DeLong's Blog, page 2203

Problem Set 2: Due at Start of Lecture on Wednesday September 22: Econ 1: Fall 2010: U.C. Berkeley

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Problem Set 2

Special Award for Best Use of Einstein's Principle of Relativistic Equivalence in a Motion Picture

Inception (2010):

Can We Please Shut the New York Times Down Now?

And replace it with something with a little more self-awareness and a little less utter stupidity?

Outsourced to Dean Dad:

Confessions of a Community College Dean: When We Say “College,” We Don’t Mean You...: Sigh. The New York Times strikes again. This time it’s with a four-part colloquy of important people discussing “why are colleges so selective?” How is someone at a community college supposed to read the question “why are colleges so selective?”... Honestly, sometimes reading the...

James Scott, "Legibility," Flavius Apion, Anoup, the Emperor Justinian, Robin of Locksley, Rebecca Daughter of Mordecai, King Richard, and Others..

Cato Unbound: James Scott: The Trouble with the View from Above.

A comment:

In 542 AD the late Roman (early Byzantine?) Emperor Justinian I wrote to his Praetorian Prefect concerning the army--trained and equipped and paid for by the Roman State to control the barbarians and to "increase the state." Justinian was, Peter Sarris reports in his Economy and Society in the Age of Justinian, upset that:

certain individuals had been daring to draw away soldiers and foederati from their...

links for 2010-09-14

Park51, and Islam in America : The New Yorker







Economics of Contempt: A Scary Thought







Matthew Yglesias » High Cost of Fed Vacancies

Matthew Yglesias: High Cost of Fed Vacancies: http://tinyurl.com/25oy428 #worthreading





Take a Walk on the Supply Side: Tax Cuts on Profits, Savings, and the Wealthy Fail to Spur Economic Growth

links for 2010-09-13

Park51, and Islam in America : The New Yorker







Economics of Contempt: A Scary Thought







Matthew Yglesias » High Cost of Fed Vacancies

Matthew Yglesias: High Cost of Fed Vacancies: http://tinyurl.com/25oy428 #worthreading





Take a Walk on the Supply Side: Tax Cuts on Profits, Savings, and the Wealthy Fail to Spur Economic Growth

Economic History Seminar: Mrdjan Mladjan: Accelerating into the Abyss: Financial Dependence and the Great Depression

The credit channel, with U.S. weather as an instrument:

Economic History Seminar: Mrdjan Mladjan: Accelerating into the Abyss: Financial Dependence and the Great Depression

 

Abstract: The role of bank failures in the propagation of the Great Depression remains disputed.  Cole and Ohanian (1999, 2000) concluded that bank failures could not have contributed much to the severity of the Depression, not least because deposits overall declined much less than output.  Even the research...

Files for September 13 Econ 1 Lecture: The Housing Bubble, the Crash, and the Great Recession (J. Bradford DeLong, U.C. Berkeley, Fall 2010)

September 13: The Housing Bubble, the Crash, and the Great Recession:

[Audio:]

Slides

[Notes:]

20100913 for 20100913 Econ 1.pdf

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Fiscal Policy: Chad Stone Talks Sense

Chad Stone:

Off the Charts Blog: Analysts Mark Zandi, Peter Orszag, and Howard Gleckman have all said sensible things about what would be the best policy for dealing with the expiring Bush tax cuts (which include a panoply of “middle class” tax cuts as well as cuts in marginal tax rates for the richest 2 percent of taxpayers).  Unfortunately, their smart policy analysis has been lost in the headlines generated by their actual proposals, which are colored by their political judgment about...

Hoisted from the Archives: John Maynard Keyness Private Letter to Franklin Delano Roosevelt of February 1, 1938

John Maynard Keynes’s Private Letter to Franklin Delano Roosevelt of February 1, 1938:

To Franklin Delano Roosevelt, 1 February 1938

Private and personal

Dear Mr. President,

You received me kindly when I visited you some three years ago that I make bold to send you some bird’s eye impressions which I have formed as to the business position in the United States. You will appreciate that I write from a distance, that I have not revisited the United States since you saw me...