DeLong

Archive for DeLong

Murphy Inflation Smackdown

[UPDATE below.] Brad DeLong unleashes hell on me at his blog for my (price) inflation bet with David R. Henderson. Especially in light of my Les Mis post yesterday, I had thought about either ignoring this or just linking to it in a Potpourri with no comment. However, at the risk of seeming petty, I […]

Rowe Ruh Roh

Sorry, I was trying to come up with the analog of a Krugman Kontradiction for Nick Rowe, and this was it… Some of you may recall that I happily linked to Nick Rowe explaining just how nutty was Paul Krugman’s praise of a hypothetical bond vigilante attack on the US. (Remember, Brad DeLong had to […]

Brad DeLong Has Met the Enemy, and He Is Him

Brad DeLong explains how it’s not easy being in a club of Cassandras: Back in the middle of 2011, in the circles in which I traveled–policy-oriented macroeconomists who actually knew something about the world and about financial history–there was a rough consensus that we all ought to make one last charge for more aggressive policies […]

DeLong Smackdown on Landsburg (and Callahan)

Wow, if you thought we blogging economists were talking past each other in the Cantillon debate, DeLong’s response to Landsburg on this Thomas Nagel issue (about the ability of pure reason to give us knowledge about reality) will knock you on the ground. I don’t even know how to summarize it; it must be seen […]

Quick Thoughts on “Pure Reason” vs. Empiricism

I am going to be brief, but there is still much confusion on this grand philosophical dispute, which started when Brad DeLong, as is his wont, said innocently enough about a renowned philosopher: “Thomas Nagel is not smarter than we are–in fact, he seems to me to be distinctly dumber than anybody who is running […]

DeLong Plugs Chink in Krugman’s Armor on Treasury Crash

You may recall that Krugman recently argued that an attack by the “invisible bond vigilantes” (the opposite of the confidence fairy, for those keeping track) would actually be good for the US economy, because it would weaken the USD and thus boost Aggregate Demand. I pointed out the problem with in normal English here. But […]

If I Know Anything About the Blogging Structure of Keynesian Economists, Brad DeLong Invents 20% of His “Facts”

Every now and again I like to check in on Brad DeLong to see what trouble he’s getting himself into. Today he has a post entitled, “KARL ROVE AND COMPANY GOT $80 MILLION AND REPUBLICAN DONORS GOT?” DeLong writes: Memo to Republican billionaires: Rupert Murdoch is not your friend. John Roberts is not your friend. […]

A Post on Debt Burdens for Professional Economists

OK I gather that most people are moving on with their lives, so I’d better make this post now on everyone’s favorite question, “Does the government’s debt impose a burden on our grandchildren?” In this post, I want to explain why, as of Friday October 12, and after Nick Rowe went head-to-head against Brad DeLong, […]