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J. Bradford DeLong

J. Bradford DeLong

Writing for PS since 2002
255 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. 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.

  2. 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.

  3. The Fed’s Remarkable Feat
    delong256_Tom Williams-PoolGetty Images_powell Tom Williams/Pool/Getty Images

    The Fed’s Remarkable Feat

    Dec 22, 2023 J. Bradford DeLong argues that the US central bank has managed to humble hawkish and dovish critics alike.

  4. The Attention Economy Goes to Court
    delong255_Beata ZawrzelNurPhoto via Getty Images_google Beata Zawrzel/NurPhoto via Getty Images

    The Attention Economy Goes to Court

    Nov 9, 2023 J. Bradford DeLong examines the arguments being put to the test in the antitrust case against Google.

  5. America’s Broken Civic Bargain
    delong254_ Samuel CorumGetty Images_january6riot Samuel Corum/Getty Images

    America’s Broken Civic Bargain

    Sep 28, 2023 J. Bradford DeLong worries that Republicans have abandoned one of the core principles that sustains a democracy over time.

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    The Geopolitics of Africa’s Debt Crisis

    Anne O. Krueger urges developed countries to back efforts by the IMF and the World Bank to promote growth-enhancing reforms.
  2. palacio156_ Georg Moritzpicture alliance via Getty Images_immigation Georg Moritz/picture alliance via Getty Images
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    Why the EU’s New Migration Pact Matters

    Ana Palacio applauds the pragmatic coalition-building, especially by Italy’s Giorgia Meloni, that enabled the deal.
  3. kirchschlager1_Fatih AktasAnadolu Agency via Getty Images_AI Fatih AktasAnadolu Agency via Getty Images
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    AI Needs UN Oversight

    Peter G. Kirchschläger calls for the creation of a watchdog – similar to the IAEA – that employs a human rights-based approach.
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    The West Is Hastening Its Own Decline

    Brahma Chellaney argues that the unprecedented US and European sanctions against Russia are backfiring.
  5. zizek29_Sebastian Gollnowpicture alliance via Getty Images_palestine congress germany Sebastian Gollnowpicture alliance via Getty Images
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    Canceling Palestine

    Slavoj Žižek

    Current debates about Israeli policy are rife with double standards, leading to absurd decisions like Germany’s recent cancellation of a pro-Palestinian gathering. By quashing legitimate speech and assembly, an Israel-aligned establishment risks inciting precisely the kind of anti-Semitism that it wants to prevent.

     worries that the double standards applied on Israel’s behalf will lead to an anti-Semitic backlash.
  6. ackerman2_Brian van der Brug Los Angeles Times via Getty Images_preschool Brian van der Brug / Los Angeles Times via Getty Images
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    America’s Childcare Is Unfit for the Postmodern Age

    Bruce Ackerman urges US President Joe Biden to put universal preschool at the center of his re-election campaign.
  7. acemoglu72_ Hulton ArchiveGetty Images_cottonhandweaving Hulton Archive/Getty Images
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    History Already Tells Us the Future of AI

    Daron Acemoglu & Simon Johnson

    David Ricardo, one of the founders of modern economics in the early 1800s, understood that machines are not necessarily good or bad. His insight that whether they destroy or create jobs all depends on how we deploy them, and on who makes those choices, could not be more relevant today.

     find policy lessons for the 2020s in the work of the early-nineteenth-century economist David Ricardo.
  8. silber3_William Thomas CainGetty Images_trumpplazahotel William Thomas Cain/Getty Images
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    Trump and the Risk of a US Debt Default

    William L. Silber thinks the former president would be even more reckless if awarded another term this year.
  9. lboone2_Celestino ArceNurPhoto via Getty Images_ukraine Celestino Arce/NurPhoto via Getty Images
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    Europe’s Red Tape Is Helping Russia

    Laurence Boone & Nicu Popescu propose a European Defense Production Act to help fast-track processes for public procurement and spending.

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