J. Bradford DeLong's Blog, page 2275

Charles de Gaulle Liveblogs World War II: June 25, 1940

Charles de Gaulle:

To all Frenchmen: France has lost a battle! But France has not lost the war!

A makeshift government may have capitulated, giving way to panic, forgetting honour, delivering their country into bondage. Yet nothing is lost!

Nothing is lost, because this war is a world war. In the free universe, immense forces have not yet swung into operation. Some day these forces will crush the enemy. On that day, France must be present at the victory. She will then...

links for 2010-06-24

Optimized Handbrake Presets to Encode Video for Your New iPad or iPhone 4







Joan McCarter: Senate ready to hang states, the unemployed, the economy out to dry







Pat Garofalo: 200,000 Jobs And Vital Programs At Stake In Senate Debate Over Medicaid Funding









TF: "The divide isn't, as...

Wladimir Woytinsky Liveblogs the Russian Revolution of 1905

Wladimir Woytinsky, Stormy Passage:

I was born and grew up in a middle-class family. My father was a professor of of mathematics at a polytechnic college, a brilliant tea her with moderately liberal leanings but without any serious interest in politics.... I was the second of four children.... My passion was mathematics.... In the autumn of 1904 enrolling in St. Petersburg University I registered with the law department because it offered courses in economics and statistics...

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Betsy Rothstein of Fishbowl DC Launches an Unfair and Out-of-Context Hit on the Excellent David Weigel

Why she does this is unclear. A Fishbowl DC spokesman refuses to comment on her motivations.

It's Paul Krugman's World: We Just Live in It

Paul Krugman:

Economics and Politics: Against The Super-Asinine, The Gods Themselves Contend in Vain: Brad DeLong wonders how the proponents of tight budgets and tight money are prevailing in the midst of mass unemployment, low interest rates, and incipient deflation. It’s actually not all that surprising. Horrifying, but not surprising. The case for expansionary policies in the face of a slump is intellectually difficult; Keynes described the writing of the General Theory as a painful...

In Which I Summon Ryan Avent, Bob Rubin, Carla Hills, Richard Haass, Sebastian Mallaby, and Francis Warnock to the Bar for Judgement...

Ryan Avent has, I think, done a bad thing in linking to and providing readership for the Council on Foreign Relations--in this case, Francis Warnock claiming that U.S. government debt is really risky...

Francis Warnock writing for the Council on Foreign Relations:

How Dangerous Is U.S. Government Debt?: [T:]he [Triffin:] dilemma.... To supply the world’s risk-free asset, the center country must run a current account deficit... until the risk-free asset that it issues ceases to be risk...

Wimbledon: John Isner beats Nicolas Mahut 6-4, 3-6, 6-7, 7-6, 70-68

52 Degrees in Berkeley on June 24...

So What Do We Know About Policies to Successfully Move the Long-Term Unemployed Back to Where They Ought to Be?

We are really going to need such policies in a year. That is all.

Liveblogging World War II: June 24, 1940

French light cruiser Massilia arrives at Casablanca in North Africa with senior French government officials aboard--ex-Premier Edouard Daladier, ex-Secretary of the Navy Cesar Campinchi, ex-Secretary of the Interior Georges Mandel, and more than twenty others. Daladier, Mandel, and Campinchi announce the formation of a resistance government with Mandel as Premier. Governor-General Nogues of French Morocco seizes the Massilia and orders the politicians held incommunicado onboard.

British...