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Home / Tag Archives: #publicsphere

Tag Archives: #publicsphere

Brad DeLong's Grasping Reality 2020-01-17 16:28:04

Note to Self: Richard Dawkins's Existence Poses a Real Problem for the Darwinian Theory of Evolution! https://www.bradford-delong.com/2013/09/richard-dawkinss-existence-poses-a-real-problem-for-the-darwinian-theory-of-evolution.html: 'The author… doesn’t care for “Pride and Prejudice”: “I can’t get excited about who is going to marry whom, and how rich they are.”' On a branch of the evolutionary tree as social as we are, genes that predispose you to such a mind state should have been...

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Oh Noes!!: Hoisted from Eleven Years Ago: The New York Times Has Been… Unprofessional for a Long, Long, Time Across a Wide Range of Areas

Hoisted from 2008: Oh Noes!!: "Oh Noes!! The New York Times crash-and-burn watch continues. To Ben Stein the Times has added... CATHERINE RAMPELL: 'I’m pleased to introduce Casey B. Mulligan, an economist at the University of Chicago, as the newest addition to our “Daily Economist” panel... Why oh why can't we have a better press corps? Casey Mulligan says—wait for it—that the reason that unemployment is the 7% it is right now rather than the 4.4% it was two years ago because...

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Neoliberalism: Are We Sure That’s the Right Word?: Talking to Noah Smith

Noah Smith and Bradford DeLong: Neoliberalism: Are We Sure That's the Right Word? http://www.pairagraph.com/dialogue/6420f501123b4520892978e93565cff9/1: Noah Smith: 'So we're supposed to be discussing neoliberalism, are we? Well, I was elected "Chief Neoliberal Shill of 2018" in a rigged joke online poll, so I spent a year looking around for reasons to think that "neoliberalism" might describe a good and useful policy outlook instead of Reagan/Thatcher/Milton Friedman libertarian dogma. I...

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Blogging: What to Expect Here…

The purpose of this weblog is to be the best possible portal into what I am thinking, what I am reading, what I think about what I am reading, and what other smart people think about what I am reading... "Bring expertise, bring a willingness to learn, bring good humor, bring a desire to improve the world—and also bring a low tolerance for lies and bullshit..." — Brad DeLong "I have never subscribed to the notion that someone can unilaterally impose an obligation of confidentiality...

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Brad DeLong Says More…: Project Syndicate

Project Syndicate: [Brad DeLong Says More..(htt*PS*: //us10.campaign-archive.com/?u=9116789a51839e0f88fa29b83&id=646c7b19aa&e=a7192bc790): Project Syndicate: One forgotten lesson of the Great Depression, you wrote last month, is that “persistent ultra-low interest rates mean the economy is still short of safe, liquid stores of value, and thus in need of further monetary expansion”... ...Since then, the US Federal Reserve has cut the federal funds rate – a move that you argued...

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Eternal September: How Trolls Overran the Public Square: Project Syndicate

Project Syndicate: How Trolls Overran the Public Square https://www.project-syndicate.org/commentary/trolls-win-control-of-the-public-square-by-j-bradford-delong-2019-12: Since the invention of writing, human innovation has transformed how we formulate new ideas, organize our societies, and communicate with one another. But in an age of rapid-fire social media and nonstop algorithm-generated outrage, technology is no longer helping to expand or enrich the public sphere: Every year since...

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Smith, Marx, Keynes: Cement Your Knowledge

Knowledge system and cognitive science guru Andy Matuschak writes a rant called Why Books Don’t Work https://andymatuschak.org/books/, about big, difficult books that take him six to nine hours each to read.... [His] points have strong relevance for students in U.C. Berkeley’s Econ 105: History of Economic Thought: Do we live in a Smithian, Marxian or Keynesian World?. The core of the course is an assisted reading of three big books that are d—-ably difficult.... To assist you in this...

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Ricardo’s Big Idea, and Its Vicissitudes: Hoisted from the Archives

Ricardo believes in labor value prices because capital flows to put people to work wherever those things can be made with the fewest workers. This poses a problem for Ricardo: The LTV tells him that capitalist production should take place according to absolute advantage, with those living in countries with no absolute advantage left in subsistence agriculture.The doctrine of comparative advantage is Ricardo’s way out. For him, the LTV holds within countries. Countries’ overall price...

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Income and Wealth Distribution, or, Watching Professional Republicans Sell Their Souls Back in 1992: Hoisted from the Archives

And she, referring to his "testimony before Congress several weeks ago", aggressively quoted Paul Krugman, who had taken the CBO's income-distribution estimate numbers and presented them in, as one economist said to me at the time, "the most inflammatory fashion possible that was not actively misleading": We know that productivity has increased since 1977 and that more people are working. Where did all that extra income go? The answer is that it all went to the very top.... The...

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Weekend Reading: Paul Krugman: The Rich, the Right, and the Facts: Deconstructing the Inequality Debate

...Most academic studies on the distribution of income in the United States rely on Census data, compiled from the Current Population Survey.... In all the mud-slinging of the income distribution debate, nobody has yet accused the Census of bias or distortion (although that may come next).... The 1947-73 numbers show what real, broad-based prosperity looks like. Over that period incomes of all groups rose at roughly the same rapid clip, more than 2.5 percent annually. Between 1973 and...

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