Thoughts of the Moment

J. Bradford DeLong
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/

Older Thoughts Archive

Thoughts of the Moment...

2002-05-30:

2002-05-15: McKenna Lecture; what is America's grand strategy?

2002-04-15: Response to Skidelsky; he doesn't like my JEL review of his "Fighting for Britain"

2002-04-01: Forecasting medium-run economic growth; it looks bright...

2002-03-15: Recent Good Economic News. It truly does look like the recession is really over...

2001-02-28: Corporate Governance in Comparative Perspective. Why are institutions and patterns of ownership so different across countries?

2001-02-15: The Partnership Dance Between Business and Government. The "mixed economy" has always been the rule. Even the laissez-faire state has a close and intricate embrace with the private economy...

2001-02-01: The World Economic Forum: my notes for my sessions on why was the recession a surprise and the future of the mixed economy.

2002-01-18: Wrestling with AT&T; why vertically-integrated natural monopolies are bad...

2002-01-04: Lord of the Rings Movie; I'm sick of reading about how the movie is not faithful to and worse than the book, so a list of places where the movie is not faithful to and better than the book...

Links of the Moment...

2002-05-30: "Halliburton: Blame the Accountant," by Michael Kinsley

2002-05-15: Google: Anatomy of a Search Engine

2002-05-01: A review of Tirthankar Roy, _The Economic History of India 1857-1947_. A topic about which I know much too little...

2002-04-15: Michael Berube, Nation and Narration

2002-04-09: O'Reilly: "Inventing the Future"; the future is here; it's just not well-distributed yet...

2002-04-07: Energy Information Administration 25th Anniversary of Oil Embargo; as Paul Krugman says, if you want to get slightly frightened about the impact of the Middle East on the world economy...

2002-04-01: Wired: Cuba Bans Sales of PCs to the Public; also "offset printer equipment, mimeographs, photocopiers, and any other mass printing medium is prohibited to associations, foundations, civic and nonprofit societies, and natural born citizens." In Castro's view, an ignorant and uncommunicative public is a good public...

2002-03-22: Michael Walzer, "Can There Be a Decent Left?". This piece is annoying because Walzer attacks only an anonymous "left," not concrete leftists. But well worth reading even so...

2002-03-15: Jonathan Rauch on the Middle East Mess. Valuable as an index of the extent of despair...

2002-02-28: Vernon Jordan Gets Turned Down for a Job... He gets told that Theodore Sorenson is a real lawyer, but he isn't.

2002-02-15: Gains from Globalization. In my judgment, the exogenity problems are not serious, and the magnitude of the effects is extraordinary...

2002-02-01: Chronology of Steamship Development

2002-01-18: Sam Brittan: Happiness Is Not Enough

2002-01-04: Senator Edwards' Questioning of Attorney General Ashcroft

Graph of the Moment...

2002-05-30:

2002-05-15: The End of the Population Explosion. The speed with which developing country birthrates have plummeted is truly remarkable...

2002-05-01: American Household Incomes

2002-04-15: U.S. Trade with Mexico

2002-04-01: Unemployment in the 1990s

2002-03-15: Earth at Night Again

2002-02-28: Output Growth in the Late 1990s

2002-02-15: Investment in the Recession of 2001

2002-02-01: Inflation in the Late 1990s

2002-01-04: The Advent of the American Recession

Economics Article of the Month...

2002-06-01:

2002-05-01: Chris Carroll, "Precautionary Saving"

2002-04-01: N.F.R. Crafts, "The Solow Productivity Paradox in Historical Perspective" Nick Crafts tries to assess whether the current industrial revolution in information technology is bigger or smaller than previous industrial revolutions...

2002-03-01: George Boyer, "The Historical Background of the Communist Manifesto"

2002-01-01: Alesina, Glaeser, and Sacerdote, "Why Doesn't the U.S. Have a European Style Welfare System?"; racial animosity is a principal answer...

2001-12-01: Steckel, "Health and Nutrition in the Preindustrial Era: Insights from a Millennium of Average Heights in Northern Europe"; This essay examines health and nutrition in the Middle Ages. Average heights fell from an average of 173.4 centimeters in the early Middle Ages to a low of 165.8 centimeters during the seventeenth and eighteenth centuries. Moreover, recovery to levels achieved in the early Middle Ages was not attained until the early twentieth century.

2001-11-01: Freeman, "A Rising Tide Lifts...?"; To what extent did the economic boom of the 1990s-early 2000s improve the well-being of persons in the bottom rungs of the income distribution? Freeman finds that the tight labor market reduced poverty substantially...

2001-10-01: Baily and Lawrence; there is substance behind the "new economy" hype...

Recycled Thoughts...

2002-06-15:

2002-05-15: Vernon Jordan Gets Turned Down for a Job... He gets told that Theodore Sorenson is a real lawyer, but he isn't...

2002-05-01: Dealing with the Islamic Reformation; parallels between today and the sixteenth century...

2002-04-01: Review of Charles Petzold, Code: The Hidden Language of Computer Hardware and Software. Possibly the best book that I have read all year. This book does a better job than anything else I have seen inat explaining what computers really are and how they really work.

2002-03-01: CITRIS Kickoff Talk

2002-02-01: Richard Evans on David Irving; in Evans's view a "holocaust denier" clearly loses his or her historian's license, but what about lesser offenses against wie es eigentlich gewesen?...

2002-01-01: Between Meltdown and Moral Hazard; a joint paper with Barry Eichengreen on Clinton economic policy...

2001-12-01: Review of Joseph Williams, Style: Toward Clarity and Grace. Most books on how to write better English are near useless. They scare you into worrying that you might use "which" for "that." They demand that you strive for "clarity" or "brevity" or "coherence"--but never tell you how to do so. This is the only truly useful book on English style I have ever found.

2001-11-01: Neoliberalism as the Last Development Crusade; what a look back at the history of attempts to jump-start economic development tells us...

2001-10-01: The World Income Distribution: Turning the Corner? China and India have grown remarkably over the past two decades, and for the first time in two centuries world income inequality has actually fallen...

2001-09-01: Consumer Harm and the Microsoft Case; Microsoft defenders claim that its actions haven't harmed consumers. Well, I'm a consumer, and I've been harmed...


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