America Is About to Become the Next Brexit
As Trump plots a radical reshaping of global economics, allies must prepare for betrayal, chaos—and painful consequences.
J Bradford DeLong
Isn’t a wealth tax common sense?
The wealth tax proposals advanced by Democratic US presidential primary contenders have drawn vehement criticism from many who should be supporting them.
Crisis, Rinse, Repeat
Later this century, when economic historians compare the “Great Recession” that started in 2007 with the Great Depression that started in 1929, they will arrive
The New Socialism Of Fools
According to mainstream economic theory, globalization tends to “lift all boats,” and has little effect on the broad distribution of incomes. But “globalization” is not
A Brief History Of (In)equality
The Berkeley economist Barry Eichengreen recently gave a talk in Lisbon about inequality that demonstrated one of the virtues of being a scholar of economic history. Eichengreen, like me,
Economics In The Age Of Abundance
Until very recently, one of the biggest challenges facing mankind was making sure there was enough to eat. From the dawn of agriculture until well
The Greater Depression
First it was the 2007 financial crisis. Then it became the 2008 financial crisis. Next it was the downturn of 2008-2009. Finally, in mid-2009, it
Securing The Middle Class In The Internet Age
Ten years ago, the world emerged from the dot-com bust and started to look more soberly at the Internet’s potential. While speculative greed and fear