J. Bradford DeLong
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James Bradford "Brad" DeLong (born June 24, 1960) is an American economic historian who has been a professor of economics at the University of California, Berkeley since 1993.


Education

DeLong received a BA in social studies from Harvard University in 1982, and a
PhD PHD or PhD may refer to: * Doctor of Philosophy (PhD), an academic qualification Entertainment * '' PhD: Phantasy Degree'', a Korean comic series * ''Piled Higher and Deeper'', a web comic * Ph.D. (band), a 1980s British group ** Ph.D. (Ph.D. albu ...
in economics from Harvard in 1987. From 1986 to 1987, he was an instructor at MIT, and he taught economics at Harvard and Boston University from 1987 to 1993. In 1991–92 he was a
John M. Olin John Merrill Olin (November 10, 1892 – September 8, 1982) was an American businessman. He was the son of Franklin W. Olin. Early life Born in Alton, Illinois, Olin graduated from Cornell University with a B.Sc. degree in chemistry and as a br ...
Fellow at the National Bureau of Economic Research, where he has also been a research associate since 1995.


Career

DeLong joined
U.C. Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant univ ...
as an associate professor in 1993. From April 1993 to May 1995, he served as Deputy Assistant Secretary for Economic Policy at the Treasury Department in Washington, DC. As an official in the Treasury Department in the
Clinton Clinton is an English toponymic surname, indicating one's ancestors came from English places called Glympton or Glinton.Hanks, P. & Hodges, F. ''A Dictionary of Surnames''. Oxford University Press, 1988 Clinton has frequently been used as a given ...
administration, he worked on the 1993 federal budget, the unsuccessful health care reform effort, and other policies, and on several trade issues, including the Uruguay Round of the
General Agreement on Tariffs and Trade The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its pre ...
and the
North American Free Trade Agreement The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that crea ...
. He became a full professor at Berkeley in 1997 and has been there ever since. DeLong has been a research associate of the National Bureau of Economic Research (NBER), a visiting scholar at the Federal Reserve Bank of San Francisco, and an
Alfred P. Sloan Alfred Pritchard Sloan Jr. ( ; May 23, 1875February 17, 1966) was an American business executive in the automotive industry. He was a long-time president, chairman and CEO of General Motors Corporation. Sloan, first as a senior executive and lat ...
Research Fellow. Along with
Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the Joh ...
and Aaron Edlin, DeLong is co-editor of '' The Economists' Voice'', and has been co-editor of the '' Journal of Economic Perspectives''. He is also the author of a textbook, ''Macroeconomics'', the second edition of which he coauthored with
Martha Olney Martha Louise Olney (born November 27, 1956) is a teaching professor of economics (2002–present) at the University of California, Berkeley. She is a winner of local and national teaching awards, and has authored several leading undergradua ...
. He co-edited (with Heather Boushey and Marshall Steinbaum) the book '' After Piketty: The Agenda for Economics and Inequality'' (2017), a volume of 22 essays about how to integrate inequality into economic thinking. He also contributes to
Project Syndicate Project Syndicate is an international media organization that publishes and syndicates commentary and analysis on a variety of global topics. All opinion pieces are published on the ''Project Syndicate'' website, but are also distributed to a wi ...
. In 1990 and 1991, DeLong and Lawrence Summers co-wrote two theoretical papers that became critical theoretical underpinnings for the financial deregulation put in place when Summers was Secretary of the Treasury under Bill Clinton. In 2019, DeLong said that he and other neoliberals had been "certainly wrong, 100 percent, on the politics" of economic policies. While he continued to believe that "good incremental policies" might be superior, he concluded that they were politically unattainable because of the lack of
Republicans Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
willing to work toward such goals. Instead, DeLong said, he favored "Medicare for all, funded by a carbon tax, with a whole bunch of Universal Basic Income rebates for the poor and public investment in green technologies." He concluded, "The world appears to be more like what lefties thought it was than what I thought it was for the last 10 or 15 years." DeLong is an active blogger on political and economic issues and media criticism. In 2022, he published ''Slouching Towards Utopia,'' an economic history of the 20th century from a Keynesian perspective.


Personal life

DeLong lives in Berkeley, California, with his wife, Ann Marie Marciarille, a professor of law (specializing in healthcare law) at the
University of Missouri-Kansas City A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase ''universitas magistrorum et scholarium'', which r ...
.


Publications

* ''Slouching Towards Utopia'' (2022 Basic Books -- 605 pp economic history from 1870 through 2010 detailing phenomenal growth in wealth and failure to achieve social justice.)
"Noise Trader Risk in Financial Markets"
(''Journal of Political Economy'', 1990; co-authored with Andrei Shleifer, Lawrence Summers, and Robert Waldmann)

(''Quarterly Journal of Economics'', May 1991; co-authored with Lawrence Summers)

(''Foreign Affairs'', 1996; co-authored with Christopher DeLong and Sherman Robinson)

(''Journal of Law and Economics'' 1993; co-authored with
Andrei Shleifer Andrei Shleifer ( ; born February 20, 1961) is a Russian-American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biennial John Bates Clark Medal in 1999 for his seminal works in ...
) * "The Marshall Plan: History's Most Successful Structural Adjustment Programme" (in R. Dornbusch et al., eds., ''Postwar Economic Reconstruction and Lessons for the East'', Cambridge: M.I.T., 1993; co-authored with Barry Eichengreen)
"Between Meltdown and Moral Hazard: The International Monetary and Financial Policy of the Clinton Administration"
(co-authored with Barry J. Eichengreen)
"Review of ''Robert Skidelsky (2000), John Maynard Keynes, volume 3, Fighting for Britain''"
(''Journal of Economic Literature'', 2002)
"The Triumph of Monetarism?"
('' Journal of Economic Perspectives'', 2000)
"Asset Returns and Economic Growth"
(''Brookings Papers on Economic Activity'', 2005; co-authored with Dean Baker and Paul Krugman)
"Productivity Growth in the 2000s"
(''NBER Macroeconomics Annual'' 2003)
"The New Economy: Background, Questions, Speculations"
(''Economic Policies for the Information Age'', 2002; co-authored with Lawrence Summers)
"Speculative Microeconomics for Tomorrow's Economy"
(''First Monday'', 2000; co-authored with Michael Froomkin)
"America's Peacetime Inflation"
(in ''Reducing Inflation'', 1998)

(''Journal of Economic Perspectives'', 1996)

(''Journal of Economic History'', June 1992)

(''Journal of Economic History'', September 1991; co-authored with Andrei Shleifer)


References


External links


"Brad DeLong's Egregious Moderation"

''Journal of Economic Perspectives''

''The Economists' Voice''

"The Order of the Shrill"

Brad DeLong's Grasping Reality
* {{DEFAULTSORT:Delong, J. Bradford 1960 births Living people Economists from California New Keynesian economists American male bloggers American bloggers Boston University faculty Clinton administration personnel Harvard Graduate School of Arts and Sciences alumni Harvard University faculty Writers from Boston People from Contra Costa County, California University of California, Berkeley College of Letters and Science faculty 20th-century American economists 21st-century American economists 21st-century American non-fiction writers Economists from Massachusetts