J. Bradford DeLong is Professor of Economics at U.C. Berkeley, and was Deputy Assistant Secretary for Economic Policy of the U.S. Treasury during the Clinton Administration. He is completing “Slouching Towards Utopia?”, an overly-long economic history of the world in the twentieth century.
He is best known for
“Noise Trader Risk in Financial Markets” (JPE, 1989),
“Fiscal Policy in a Depressed Economy” (BPEA, 2012),
“Did JP Morgan’s Men Add Value?” (book chapter, 1991),
“The Survival of Noise Traders in Financial Markets” (JF, 1991),
“America’s Peacetime Inflation: the 1970s” (book chapter, 1997),
“Is Increased Price Flexibility Stabilizing?” (AER, 1986),
“Speculative Microeconomics for Tomorrow’s Economy” (First Monday, 2000),
“Meltdown to Moral Hazard: the International Monetary and Financial Policies of the Clinton Administration” (book chapter, 2001),
“Have Productivity Levels Converged? Productivity Growth, Convergence, and Welfare in the Very Long Run” (AER, 1989),
“Should We Fear Deflation?” (BPEA, 1989), "Equipment Investment and Economic Growth", "Princes and Merchants: European City Growth Before the Industrial Revolution", "Why Does the Stock Market Fluctuate?", "Keynesianism, Pennsylvania-Avenue Style", "American Fiscal Policy in the Shadow of the Great Depression", "Review of Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain", "Productivity Growth in the 2000s", and "Asset Returns and Economic Growth".
January 12, 2016: James Bradford DeLong is a professor of economics at U.C. Berkeley, a weblogger for the Washington Center for Equitable Growth, and a research associate of the National Bureau of Economic Research. From 1993-5 he was a deputy assistant secretary of the U.S. Treasury, working then on, among other things, NAFTA and the Uruguay Round of GATT. (See “The Case for Mexico’s Rescue” (1996) and “Aftathoughts on NAFTA” (2006).) He is best-known right now for "Fiscal Policy in a Depressed Economy" (2012, joint with Lawrence Summers), “The Scary Debate Over Secular Stagnation”, “The Melting-Away of North Atlantic Social Democracy”, and “Noise Trader Risk in Financial Markets” (1990, joint with Larry Summers, Andrei Shleifer, and Lawrence Waldmann).