Brad DeLong
"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong
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Brad DeLong
"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLongEpisodes
Brad DeLong
"Hexapodia" Is the Key Insight: by Noah Smith & Brad DeLong
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Episodes of "Hexapodia" Is the Key Insight
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Noah Smith & Brad DeLong Record the Podcast We, at Least, Would Like to Listen to!; Aspirationally Bi-Weekly (Meaning Every Other Week); Aspirationally an hour...Key Insights:* A number of years ago, Brad DeLong said that it was time to “pass t
Noah Smith & Brad DeLong Record the Podcast We, at Least, Would Like to Listen to!; Aspirationally Bi-Weekly (Meaning Every Other Week); Aspirationally an hour...Key Insights:* Someone is wrong on the internet! Specifically Brad… He needs to sh
Noah Smith & Brad DeLong Record the Podcast We, at Least, Would Like to Listen to!; Aspirationally Bi-Weekly (Meaning Every Other Week); Aspirationally an hour... Key Insights:* Vernor Vinge was one of the GOAT scifi authors—and he is also one
In which Noah Smith & Brad DeLong wish Daron Acemoglu & Simon Johnson had written a very different book than their "Power & Progress" is...Key Insights:* Acemoglu & Johnson should have written a very different book—one about how some technologi
Producer Confidence & Consumer Confidence (in the Economy), & Our Confidence (in Our Analyses): Noah Smith & Brad DeLong Record the Podcast We, at Least, Would Like to Listen to!; Aspirationally Bi-Weekly (Meaning Every Other Week); Aspirationa
& a start-of-the-semester academic-email-addresses-only paid-subscription sale:Key Insights:* Young whippersnappers Oks and Williams are to be commended for being young, and whippersnapperish—but we disagree with them.* Contrary to what Brad th
Key Insights:* Finally, at long last, over the next two generations the tide is likely to be flowing strongly toward near-universal global development...* The fear was that dehyperglobalization would rob poorer countries of their ability to dev
The SubStackLand community gains another valuable member. We welcome him to the NFL SubStackLand:Key Insights:* Bing-AI says “Brian Beutler” is pronounced “Bryan Bootler”—that is, rhymes with “lion shooter”, which shows how far political incorr
Liberals vs. leftists once again, with the principal conclusion being that trying to find and join your tribe by shouting online—Schmittian picking-an-enemy as the core of your identity—is no way to go through life, son. Nor is artfully screens
Key Insights:* The Chinese Communist Party is very like an aristocracy—or maybe it isn’t…* If it is, it will in the long run have the same strong growth-retarding effects on the economy that aristocracies traditionally have…* Or maybe it won’t:
Key Insights:* Critics: Cato-style libertarians, including AEI’s Michael Strain. The last die-hard classic Milton Friedman-style economic libertarians—and starting in 1975, Milton Friedman would say, every three years, that the Swedish social d
Key Insights:* Brad has a new microphone!* Noah has jet lag: he is just back from Japan.* Brad has jet lag: he is just back from Australia.* Perhaps inflation’s ebbing has not yet made its way into the minds of people when they answer pollsters
Key Insights:* Brad’s microphone is dying, and a new one is on order.* However, 75% of the talking on this episode is Noah: he came loaded for bear.* Although Noah has not yet read Acemoglu & Johnson’s Power & Progress, he nevertheless has OPIN
Key Insights:* Rome did fall. It did not merely “transform”.* Across Eurasia, from 150 to 800 or so there was a pronounced “Late-Antiquity Pause” in terms of technological progress and even the maintenance of large-scale social organization.* T
Key Insights:* The global trade network is immensely valuable…* Friendshoring is not deglobalization, but raher shift-globlization…* Brad was stupid in 2005 in thinking “passing the baton of hegemony” constructively and progressively was a poss
Key Insights:* Yes, it is possible to talk about everything in an hour…* We are not very far apart on what the Fed is doing and should be doing—there is only a 100 basis-point disagreement…* Miles would be 100% right about the proper stance of
Key Insights:* Information really wants to be free—if it is not free, if it is “charged for” by advertising, or otherwise, you will get into a world of hurt.* In the information age the capitalist mode of production has become a fetter on econo
Pre-Note:Here in the U.S., at the leading edge of the world economy, measured producivity growth fell off a cliff in the late 1960s, recovreed somewhat in the 1980s, resumed what had been its “normal” pre-1970 pace in the 1990s with the dot-com
Pre-Note:One thing we did not get into was the relationship between the claps of FTX and the associated fraud and “Effective Altruism”—Effective Altruism not so much as a philosophy, but rather as a doctrine preached by a life-coach.If you want
Key Insights:* Since 1870, we humans have done amazingly astonishingly uniquely and unprecedentedly well at baking a sufficiently large economic pie.* But the problems of slicing and tasting the pie—of equitably distributing it, and then using
Key Insights:* The only way to buy insurance against the fiscal theory of the price level’s becoming relevant for the inflation outlook is to keep Trump and Trumpists out of office* We have one political party that could well, someday, turn us
Key Insights:* We should avoid the tendency to paint the past, nostalgically, as a golden age.* If we take the long view there is an overwhelming continuity in the immigrant experience.* The immigrant experience is a very positive story—both th
Key Insights:* Be pragmatic! Do what works! Reinforce success! Abandon failure!* CHIPS & IRA are only, at most, 1/4 of what we should be doing.* These are both very good things to do, as far as running a successful industrial policy is concerne
Key Insights:* The most recent round of Tech elephants, rhinoceroses, unicorns, and spiny lizards—Netflix, Shopify, etc.—are very unlikely to payoff for those investors who stay on the ride to the very end.* That said, they were very much worth
Key Insights:* Not so much key insights, as key questions: (a) What are the teams? (b) 1920, 1948, 1951, 1974, or 1980? (c) Are there any true members of Team Transitory left? (d) Who is on Team The-Fed-Has-Got-This? (e) Who is on Team Hit-the-
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