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J. Bradford DeLong

J. Bradford DeLong

Writing for PS since 2002
258 commentaries

J. Bradford DeLong, Professor of Economics at the University of California, Berkeley, is a research associate at the National Bureau of Economic Research and the author of Slouching Towards Utopia: An Economic History of the Twentieth Century (Basic Books, 2022). He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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  1. How Humanity Lost Control
    delong261_JorgenmacGetty Images_redtape Jorgenmac/Getty Images

    How Humanity Lost Control

    Jul 2, 2024 J. Bradford DeLong praises a recent book that explains why big, complex social systems so often go off the rails.

  2. The Threat of Trumpflation and a Fed War
    delong200_Chip Somodevilla_Getty Images Chip Somodevilla/Getty Images

    The Threat of Trumpflation and a Fed War

    May 22, 2024 J. Bradford DeLong thinks monetary hawks should be more worried about the return of a populist demagogue to the White House.

  3. Musk Has Made Tesla a Meme Stock
    delong259_ChesnotGetty Images_musk Omar Marques/Getty Images

    Musk Has Made Tesla a Meme Stock

    May 1, 2024 J. Bradford DeLong worries that the first mover in electric vehicles is increasingly running on bucket-shop hype.

  4. The Mystery of US Interest Rates
    delong258_Kevin DietschGetty Images_interest rates us Kevin Dietsch/Getty Images

    The Mystery of US Interest Rates

    Mar 14, 2024 J. Bradford DeLong asks why market rates and expectations are far from what almost anyone would have anticipated five years ago.

  5. What Is the Fed Thinking?
    delong257_ Win McNameeGetty Images_fed Win McNamee/Getty Images

    What Is the Fed Thinking?

    Feb 5, 2024 J. Bradford DeLong worries that the central bank is keeping monetary policy too restrictive for the macroeconomic situation.

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  1. adebajo8KOLA SULAIMONAFP via Getty Images_tinubu KOLA SULAIMON/AFP via Getty Images

    Africa’s Hobbled Hegemons

    Adekeye Adebajo

    In the face of regional turmoil, rising extremism, and heightened geopolitical tensions, Africa urgently needs strong leadership. But its two most significant regional powers, Nigeria and South Africa, are too constrained by domestic challenges to represent Africa’s interests effectively on the world stage.

    examines the causes of political and economic malaise in Nigeria and South Africa.
  2. ltobin2_Brett CoomerHouston Chronicle via Getty Images_USmanufacturingrobot Brett Coomer/Houston Chronicle via Getty Images

    The US Needs a Techno-Industrial Strategy

    Liza Tobin & Addis Goldman outline a three-pronged approach that would entrench American leadership in advanced industries.
  3. strain29_ Bonnie CashGetty Images_powell Bonnie Cash/Getty Images

    The Fed Should Not Cut Interest Rates Yet

    Michael R. Strain argues that declaring victory over inflation, while tempting, would be to misread current economic conditions.
  4. guinto3_TED ALJIBEAFP via Getty Images_heat wave TED ALJIBE/AFP via Getty Images

    Preparing for a Future of Extreme Heat Waves

    Renzo R. Guinto urges political leaders to place resilience at the heart of housing, transport, and water policies.
  5. benami215_IBRAHIM HAMSAFP via Getty Images_gazawar Ibrahim Hams/AFP via Getty Images

    Israel Is Enabling Iran’s War of Attrition

    Shlomo Ben-Ami thinks that Binyamin Netanyahu and his messianic allies are hastening the destruction of the Jewish state.
  6. rogoff216_ SAUL LOEBAFP via Getty Images_imf Saul Loeb/AFP via Getty Images

    Unlocking IMF Reform

    Barry Eichengreen

    Sketching a reform agenda for the International Monetary Fund is easy; implementing reform is hard. It will require, among other things, the US to give up its veto in the institution, and China to assume more responsibility for global stability and the problems of other economies.

    writes that the key is a governance overhaul combined with a renewed focus on the Fund’s core mission.
  7. pincus1_robal RashidLightRocket via Getty Images trump robal Rashid/LightRocket via Getty Images

    The King of the Americans

    Steve Pincus observes that the US Supreme Court has given the president powers denied to English monarchs since James II.
  8. wei63_Spencer PlattGetty Images_trumpassassination Spencer Platt/Getty Images

    Will Trump Benefit from the Attempt on His Life?

    Shang-Jin Wei draws parallels between the attack on Trump and the incident that swayed the 2004 Taiwanese election.
  9. guajajara1_ Craig StennettGetty Images_brazil Craig Stennett/Getty Images

    Fighting Climate Change Requires a Different Mindset

    Sonia Guajajara thinks the rest of the world can learn a lot from how indigenous peoples relate to nature.

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