J. Bradford DeLong

J. Bradford DeLong

Brad DeLong in October 2010
Born (1960-06-24) June 24, 1960
Boston, Massachusetts
Nationality United States
Institution University of California, Berkeley
Field Macroeconomics
School or tradition
 New Keynesian economics
Alma mater Harvard University
Influences Adam Smith
John Maynard Keynes
Milton Friedman
Lawrence Summers
Andrei Shleifer
Information at IDEAS / RePEc

James Bradford DeLong (born June 24, 1960), who goes by Brad DeLong, is a professor of Economics at the University of California, Berkeley. He served as Deputy Assistant Secretary of the U.S. Department of the Treasury in the Clinton Administration under Lawrence Summers. He is an active blogger whose "Grasping Reality with Both Invisible Hands" covers political and economic issues as well as criticism of their media coverage.[1] According to the November 2015 ranking of economists by Research Papers in Economics, DeLong is the 537th most influential economist.

Education and career

He graduated summa cum laude from Harvard University in 1982, followed by an M.A. and PhD in economics in 1985 and 1987, respectively, also from Harvard.[2]

After earning his PhD, he taught economics at universities in the Boston area, including MIT, Boston University, and Harvard University, from 1987 to 1993. He was a John M. Olin Fellow at the National Bureau of Economic Research in 1991–1992.

He joined UC Berkeley as an associate professor in 1993.[3] From April 1993 to May 1995, he served as Deputy Assistant Secretary for Economic Policy at the U.S. Department of the Treasury in Washington, D.C. As an official in the Treasury Department in the Clinton administration, he worked on the 1993 federal budget, the unsuccessful health care reform effort, and on other policies, and on several trade issues, including the Uruguay Round of the General Agreement on Tariffs and Trade and the North American Free Trade Agreement. He became a full professor at Berkeley in 1997 and has been there ever since.

He 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 Alfred P. Sloan Research Fellow.[4]

Along with Joseph Stiglitz and Aaron Edlin, DeLong is co-editor of The Economists' Voice,[5] and has been co-editor of the widely read Journal of Economic Perspectives. He is also the author of a textbook, Macroeconomics, the second edition of which he coauthored with Martha Olney. He writes a monthly syndicated op-ed column for Project Syndicate.[6]

DeLong lives in Berkeley, California,[7] with his wife Ann Marie Marciarille,[8] AARP Health and Aging Policy Research Fellow at Pacific McGeorge's Capital Center for Government Law and Policy.[9]

Political views

DeLong considers himself a free trade neo-liberal . He has cited Adam Smith, John Maynard Keynes, Andrei Shleifer, Milton Friedman, and Lawrence Summers (with whom he has co-authored numerous papers) as the economists who have had the greatest influence on his views.[10]

In 1990 and 1991 DeLong and Lawrence Summers cowrote two theoretical papers that were to become critical theoretical underpinnings for the financial deregulation put in place when Summers was Secretary of the Treasure under Bill Clinton. Delong later admitted he was taken by surprise when many of these reforms led directly to the financial crash of 2008.[11]

In March 2008, DeLong endorsed Barack Obama as the Democratic Party candidate for President.[12]

DeLong has been a critic of his Berkeley colleague, John Yoo, a law professor who worked in the Office of Legal Counsel under President George W. Bush. Yoo authored the torture memos authorizing the Bush administration to use torture during the war on terror, and crafting the unitary executive theory. DeLong wrote a letter to the Berkeley Chancellor Robert Birgeneau calling for Yoo's dismissal in February 2009.[13]

DeLong maintains a political commentary site, "Brad DeLong's Egregious Moderation",[14] and contributed to Shrillblog,[15] a blog critical of the Republican Party and the Bush administration.[16] The blog originated in a conversation among DeLong, Tyler Cowen, and Andrew Northrup regarding the use of the term "shrill" as a criticism of New York Times columnist and fellow academic economist Paul Krugman.

According to his faculty webpage, his research interests include "comparative technological and industrial revolutions; finance and corporate control; economic growth; the rise and fall of social democracy; the long-term shape of economic history; the political economy of monetary and fiscal policy; financial crises and 20th century macroeconomics; behavioral finance; history of economic thought; the rise of the west; causes of the Great Depression".[3]

Publications

References

  1. ↑ David Wessel, In Fed We Trust: Ben Bernanke's War on the Great Panic, page 4. Crown Business, 2009.
  2. ↑ "Vitae: J. Bradford DeLong". National Bureau of Economic Research. Retrieved 12 March 2015.
  3. 1 2 "J. Bradford DeLong". University of California, Berkeley. Retrieved 12 March 2015.
  4. ↑ "This Is Brad DeLong's Grasping Reality...: Brad DeLong's Short Biography". Retrieved 2014-04-28.
  5. ↑ "The Economists' Voice". Bepress.com. Retrieved 2014-04-28.
  6. ↑
  7. ↑ "A $1.12 Million Bet on the Berkeley, CA Housing Market". This Is Brad DeLong's Grasping Reality... 2012-01-23. Retrieved 2014-04-28.
  8. ↑ "One Page Biography James Bradford DeLong". Brad DeLong. Retrieved 2010-10-20.
  9. ↑ "Marciarille Joins Capital Center". University of the Pacific. Retrieved 2010-10-20.
  10. ↑ Brad DeLong (April 17, 2003). "Uncle Milton: Archive Entry From Brad DeLong's Webjournal". Retrieved 2014-04-28.
  11. ↑ "Finance Panglossian: A Eulogy to Lawrence Henry Summers". Fixing the Economists.
  12. ↑ "The Democratic Primaries Are Over". This Is Brad DeLong's Grasping Reality... March 5, 2008. Retrieved 2014-04-28.
  13. ↑ "I Never Thought I Would Grow Up to Be the Kind of Crank Who Wrote Letters to the Chancellor Trying to Get My Colleagues Fired". This Is Brad DeLong's Grasping Reality... February 17, 2009. Retrieved 2014-04-28.
  14. ↑ "Brad DeLong's Egregious Moderation". Delong.typepad.com. 2010-03-05. Retrieved 2014-04-28.
  15. ↑ "shrillblog.blogspot.com". shrillblog.blogspot.com. Retrieved 2014-04-28.
  16. ↑ "The History of the Shrill". This Is Brad DeLong's Grasping Reality... 2006-07-27. Retrieved 2014-04-28.
  17. ↑ "Brad DeLong : J. Bradford DeLong's Academic CV". Delong.typepad.com. Retrieved 2014-04-28.

External links

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