J. Bradford DeLong's Blog, page 2244
July 27, 2010
Yes, the Daily Caller Is Completely Insane. Why Do You Ask?
Tucker Carlson and Jonathan Strong reveal that:
Harold Pollack of the University of Chicago is the real brains behind the American left--the only person smart enough to think that the right left-wing line was to criticize 72-yr-old John McCain for nominating an unqualified running mate when the life tables alone told us that there was a significant chance that that running mate would ascend to the presidency in the event of a Republican election victory.
No, I am not going to...
David Altig Says That Our Cyclical Unemployment Has Started to Turn Structural
This is bad news: very bad news:
macroblog: A curious unemployment picture gets more curious: Since the second quarter of last year, the unemployment rate has far exceeded the level that would be predicted by the average correlation between unemployment and job vacancies over the past decade. Tuesday's report indicates that the anomaly only deepened in the first two months of the second quarter.



Liveblogging World War II: July 27, 1940
Winston Leonard Spencer-Churchill:
During this month of July American weapons in considerable quantities were safely brought across the Atlantic.... Prime Minister to First Lord [of the Admiralty:]: The great consignments of rifles and guns, together with their ammunition, which are now approaching this country are entirely on a different level from anything else we have transported across the ocean except the Canadian Division itself. Do not forget that 200,000 rifles mean 200,000...
July 26, 2010
Econ 1 Summer Assignments...
From: Brad DeLong brad.delong@gmail.com
To: Fall 2010 UC Berkeley Econ 1 Students
Subject: Summer Assignments for Econ 1, UC Berkeley Fall 2010
Before you show up here in the fall for Econ 1, please read:
The whole book of Partha Dasgupta, Economics: A Very Short Introduction (ISBN #: 0192853457 Publisher: Oxford) http://www.amazon.com/Economics-Very-Short-Introduction-Introductions/dp/0192853457
The "Introduction" and chapters 1 through 5 of Book I (i.e., I:1-5) of Adam...
Why Is Ross Douthat on the New York Times's Editorial Page?
Why oh why can't we have a better press corps?
Is there any respect--any respect--any respect at all in which the New York Times would not be a better publication if Ross Douthat were removed, and replaced by David Leonhardt?
I cannot think of any.
Here's David Leonhardt explaining why what the New York Times prints from Ross Douthat on its op-ed page is worse than tripe:
Armageddon Wars: I — like many others, I imagine — would be thrilled if [global cooling:] were what the future...
Matthew Yglesias and Ryan McNealy: Niall Ferguson Debates Himself
As Tim Harford says, "my new maxim is never to stand in the middle of a fight between Niall Ferguson and Niall Ferguson." This is a thing of beauty:
Matthew Yglesias and Ryan McNealy: Niall Ferguson Debates Himself: I’ve been known to remark on the conservative movement’s strong adherence to Keynesian arguments as a justification for tax cuts in the wake of the mild 2001 recession, adherence that seems puzzling in light of their contrary rhetoric in the wake of the cataclysmic 2008-2009...
Matthew Yglesias: Niall Ferguson Debates Himself
This is a thing of beauty:
Matthew Yglesias: Niall Ferguson Debates Himself: I’ve been known to remark on the conservative movement’s strong adherence to Keynesian arguments as a justification for tax cuts in the wake of the mild 2001 recession, adherence that seems puzzling in light of their contrary rhetoric in the wake of the cataclysmic 2008-2009 downturn. Brad DeLong observes that one particularly hilarious example of this is historian-turned-pundit Niall Ferguson who wrote a...
In Which Andrew Sullivan Hits Every Single Branch of the Crazy Tree on His Way Down...
On Mon, Jul 26, 2010, XXXXX wrote:
Andrew Sullivan pointed to a Caller email dump [from Journolist:] to illustrate that the left-partisan media conspired to not discuss Trig-gate because the backlash would hurt Obama. See, only he has the moral courage to take on the real issues of the day...
On Mon, Jul 26, 2010, XXXXX wrote:
Shorter And[rew Sullivan:]: when Ezra Klein writes [on his Journolist:]:
By all accounts [Sarah Palin:] is a wonderful mother, and...
A Vote for Elizabeth Warren
Buce writes:
Underbelly: The Shadow Government: I've known Elizabeth Warren (not well) for something like 30 years now. Like almost everyone who ever met her, I've enjoyed her company: she's enthusiastic, energetic, warm-hearted and mostly on the side of the angels. And she has done me the occasional favor. I haven't weighed in on the great Warren Kerfuffle because I am too far out of the action to count...
But does she have the administrative chops to successfully start an...
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