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J Bradford Delong

Professor of economics, UC Berkeley; weblogger, Washington Center for Equitable Growth

J Bradford Delong Biography

J. Bradford DeLong is Professor of Economics at the University of California at Berkeley. He is also Co-Editor of the Journal of Economic Perspectives, a Research Associate of the National Bureau of Economic Research, and a Visiting Scholar at the Federal Reserve Bank of San Francisco.

He served in the U.S. government as Deputy Assistant Secretary of the Treasury for Economic Policy from 1993 to 1995, reporting to Assistant Secretary Alicia Munnell. He worked on the Clinton Administration’s 1993 budget, on the Uruguay Round of the General Agreement on Tariffs and Trade, on the North American Free Trade Agreement, on macroeconomic policy, on the unsuccessful health care reform effort, and on many other issues.

Before joining the Treasury Department he was Danziger Associate Professor in the Department of Economics at Harvard University. He has also been a John M. Olin Fellow at the National Bureau of Economic Research, an Assistant Professor of Economics at Boston University, and a Lecturer in the Department of Economics at M.I.T.

He has written on, among other topics, the evolution and functioning of the U.S. and other nations’ stock markets, the course and determinants of long-run economic growth, the making of economic policy, the changing nature of the American business cycle, and the history of economic thought.

His major current projects are two books: an intermediate macroeconomics textbook called–no surprise–Macroeconomics, and The Economic History of the Twentieth Century: Slouching Towards Utopia?

Past publications include:

  • “Speculative Microeconomics for Tomorow’s Economy” (First Monday, 2000; Co-authored with Michael Froomkin)
  • “America’s Peacetime Inflation” (in Reducing Inflation, 1998)
  • “Keynesianism Pennsylvania-Avenue Style” (Journal of Economic Perspectives, 1996)
  • “In Defense of Mexico’s Rescue” (Foreign Affairs, 1996; co-authored with Christopher DeLong and Sherman Robinson)
  • “Princes and Merchants: European City Growth before the Industrial Revolution” (Journal of Law and Economics 1993; co-authored with Andrei Shleifer)
  • “The Marshall Plan: History’s Most Successful Structural Adjustment Programme” (in R. Dornbusch et al., eds., Postwar Economic Reconstruction and Lessons for the East , Cambridge: M.I.T., 1993; co-authored with Barry Eichengreen)
  • “Productivity and Machinery Investment: A Long-Run Look, 1870-1980” (Journal of Economic History, June 1992)
  • “The Stock Market Bubble of 1929: Evidence from Closed-End Funds” (Journal of Economic History, September 1991; co-authored with Andrei Shleifer)
  • “Equipment Investment and Economic Growth” (Quarterly Journal of Economics, May 1991; co-authored with Lawrence Summers)

J Brad DeLong has taught finance, macroeconomics, economic history, and social theory. He has also spent three years (1988-1991) in part-time academic administration responsible for Harvard University’s undergraduate programs in Economics, as Head Tutor of the Department of Economics.

He holds a Ph.D. (1987), an M.A. (1984), and a B.A. summa cum laude (1982) from Harvard University.

He was born in Boston, Mass. on June 24, 1960. He lives in Lafayette, CA, and is married to Ann Marie Marciarille. They have two children, Michael Marciarille DeLong and Gianna DeLong Marciarille.

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Fiscal Policy in a Depressed Economy

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Why Does the Stock Market Fluctuate?

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Equipment Investment and Economic Growth

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Aftathoughts on NAFTA

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Speculative Microeconomics for Tomorrow’s Economy

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The Melting-Away of North Atlantic Social Democracy

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