DeLong

Archive for DeLong

Bookkeeping: More Commentary From Others on Piketty

This post is mostly so I don’t lose these links… ==> George Cooper is a blogger after my own heart. He comes up with a fable of a kingdom trying to show why Piketty’s approach confuses cause and effect. However, I think Cooper leaves out one loose end when valuing his capital stock etc.; his […]

More on Piketty

Here’s my latest Mises Canada post, in which I show how Brad DeLong actually (though it’s not his intent) concedes that Piketty’s entire case is built on quicksand. Matt Rognlie (who I think is this PhD econ student at MIT) left what may be the most important comments in a MR blog post this year. […]

Regime Change At Free Advice

OK I had an epiphany yesterday. I realized that I was only checking the comments here at the blog out of my duty to approve pending ones, but that I had no desire to actually “hang out” in the comment section because I can’t stand its tone. Well that’s dumb. So starting today: 1) Ken […]

Potpourri

==> David Gordon walks through some of the issues with praxeology, which I’ve found is the chief stumbling block people have to Misesian economics. ==> On April 11 the Mises Institute will host a seminar on “Inflation” for high school and college students. Details here. (You can apply for in-person attendance at the Institute itself […]

I Hope Nobody Took Brad DeLong’s Betting Advice

(Note for new readers: If this post seems obscure and petty, you must not have been around when this happened.) Back in February 2009, the new Obama Administration put out an economic outlook that forecast real GDP in 2013 would be 15.6% above the 2008 level. Greg Mankiw was quite skeptical of this forecast, thinking […]

Two New Posts

At Mises Canada I have two posts up: ==> The first gives yet another illustration of my claim that Bernanke has been the FDR of central banking. This time, I discuss a HuffPo writer calling on Janet Yellen to “save the planet” (his term). ==> In this post, I endorse Russ Roberts’ complaint about Krugman’s […]

The Krugman/Sumner Showdown–In Layman’s Terms

The blogosphere has been abuzz (though nothing compared to the Great Debt Debate of 2012) with activity centered on whether the year 2013 provided a good test of the economic views of Keynesians like Paul Krugman versus Market Monetarists such as Scott Sumner. These things often get bogged down in technical minutiae. In the present […]

The Real Flaw in Williamson’s Inflation Argument?

Wow, I don’t know if you kids have been following the blow-up over Stephen Williamson’s arguments about QE–I gave you a hint in this Potpourri when talking about Nick Rowe’s blog rage–but it has the potential to rival the Great Debt Debate of 2012. At this point we’ve got a full-blown shooting war, with Williamson, […]