Thursday , December 12 2019
Home / Brad Delong, Berkeley / Brad DeLong's Grasping Reality 2019-06-13 20:55:46

Brad DeLong's Grasping Reality 2019-06-13 20:55:46

Summary:
Bloomberg: U.K. Tory Prime Minister Candidates Unprepared for Brexit Reality: "Irresponsible tax and spending promises predominated. Implausible approaches to Brexit were aired, along with nonchalant talk of defaulting on public debts. Cocaine proved unexpectedly salient. One thing nearly all the candidates had in common was a refusal to accept the precarious position the next party leader will be in.... A chaotic no-deal exit on Halloween. Alarmingly, most of the candidates have suggested that they’d be okay with that last option. In doing so, they seem to be following May’s playbook of keeping the worst-case scenario on the table for negotiating purposes. If that tactic ever made sense, it’s now doubly wrongheaded. For starters... imposing the most damaging version of a policy that

Topics:
Bradford DeLong considers the following as important:

This could be interesting, too:

Bradford DeLong writes Self-Portrait of Otto von Bismarck as an Atheistic Young Hegelian

Bradford DeLong writes Brad DeLong's Grasping Reality 2019-12-10 04:35:23

Bradford DeLong writes Brad DeLong's Grasping Reality 2019-12-10 04:31:17

Bradford DeLong writes Brad DeLong's Grasping Reality 2019-12-10 04:24:30

Bloomberg: U.K. Tory Prime Minister Candidates Unprepared for Brexit Reality: "Irresponsible tax and spending promises predominated. Implausible approaches to Brexit were aired, along with nonchalant talk of defaulting on public debts. Cocaine proved unexpectedly salient. One thing nearly all the candidates had in common was a refusal to accept the precarious position the next party leader will be in.... A chaotic no-deal exit on Halloween. Alarmingly, most of the candidates have suggested that they’d be okay with that last option. In doing so, they seem to be following May’s playbook of keeping the worst-case scenario on the table for negotiating purposes. If that tactic ever made sense, it’s now doubly wrongheaded. For starters... imposing the most damaging version of a policy that about half the country already despises, and one that Parliament has already explicitly rejected.... If the Tory candidates recognize the urgency of confronting hard truths, they’re showing few signs of it...

Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. 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.

Leave a Reply

Your email address will not be published. Required fields are marked *