March 2008
This must be a parody:
PoliTex: Clinton camp tries to change expectations:
To: Interested Parties
From: The Clinton Campaign
Date: Friday, February 29, 2008
RE: Obama Must-WinsThe…
Hoisted from Comments: Robert J. Gordon:
Grasping Reality with Both Hands: Economist Brad DeLong’s Fair, Balanced, and Reality-Based Semi-Daily Journal: I am currently writing a book review of…
February 2008
“Hello. My name is Brad DeLong. May I please speak to Jason Furman?” “I’m sorry. He’s at a conference.” “OK. I’ll try his voice mail…”
“Hello. This is Brad DeLong again. Somehow I got myself into…
J. Bradford DeLong (2008), “Note: The Value of Investment Opportunities” http://www.j-bradford-delong.net/2008_pdf/20080228_vio.pdf
At some point in the early 90s a violin/accordion duo named “Whiskey Tango” played at Scotland Yard — a dark smoky bar-like coffee shop in Skibo — Carnegie Mellon’s now demolished (and replaced) university center. They were really good. At the end of the night they offered to take requests and the crowd got a little silly (“Freebird!”). After a while the two conferred and one of them turned to the crowd and said, approximately:
“We’re going to play a song by Led Zeppelin.
“There is a song that many of you know, that you heard in high school, and one day you met that special girl and you wanted to show her how you felt, so you learned guitar just so you could play that song for her, to show her how much you cared.
“That song is called ‘Stairway to Heaven,’ and we’re not going to play it.
“This is Kashmir.”
They then played Kashmir with a violin and accordion, and it was amazing.
I think I need to start making a list of moments I’ll never forget, so when I get older and even more senile I can remember what I’m not supposed to forget, and that will definitely make the list.
For missing therapy memories… check the date on the Brita filter?
-faisal
On Feb 13, 2008, at 12:11 AM, Brad DeLong wrote: Therapy? I remember no therapy…
:-)
On Feb 12, 2008 9:04 PM, Faisal N Jawdat faisal@faisal.com wrote: Why do I now actually like Led Zeppelin’s “Kashmir”? Is a cat scan indicated?
BECAUSE THE THERAPY WORKED
-faisal
J. Bradford DeLong and Konstanin Magin (2008), “The U.S. Equity Premium: Past, Present, and Future” http://www.j-bradford-delong.net/2008_pdf/20080228_jep_submit.pdf
ABSTRACT: For more than…
Recommended by Tyler Cowen:
R. F. Foster (2008), “Luck and the Irish: A Brief History of Change from 1970”Books (New York: Oxford University Press: 0195179528).
Outsourced to Jay Rosen and his commentators:
PressThink: Three Vetting Stories Went Awry at the New York Times: Find the Pattern.: Obama’s drug use. Hillary’s marriage. McCain’s lobbyist….
Econ 101b: February 6 Lecture: Extending the Solow Growth Model: From Malthus to the Singularity
The Price Level in the Medium Run: Background and the Quantity Theory Model
J. Bradford DeLong
February 2008
The U.S. experienced an episode of relatively mild inflation—prices rising at…
A spreadsheet for playing with the medium-run flexible-price model set out at http://delong.typepad.com/delongslides/2008/02/the-flexible-pr.html is now up on the internet at: …
From Rolling Stone:
Nir Rosen: The Myth of the Surge: Rolling Stone: Hoping to turn enemies into allies, U.S. forces are arming Iraqis who fought with the insurgents. But it’s already starting…
The Bureau of Economic Analysis Reports:
Real gross domestic product (GDP) grew at an annual rate of 0.6% in the fourth quarter of 2007, compared with 4.9% in the previous quarter, according to…
Via A Tiny Revolution:
The last five of these are, I think, the worst from the point of view of their long-run implications.
An excellent column by David Leonhardt:
The Politics of Trade in Ohio: Now come Mr. Obama and Mrs. Clinton… tough talk about foreign trade… you’d have to conclude that they believe that…
Robert Citino’s Death of the Wehrmacht: The German Campaigns of 1942 is not as good as his earlier The Getman Way of War. That makes it only the third-best work of military history I have read in…
Patrick writes:
Making Light: William F. Buckley, dead:
The central question that emerges… is whether the White community in the South is entitled to take such measures as are necessary…
William F. Buckley died last night, which makes me think that today is a good day to praise George C. Marshall, chief among those present at the creation who made the post-WWII world that has been such a blessing to all humanity—at least in comparison to all prevous world orders:
George Catlett Marshall, Jr.: (December 31, 1880 — October 16, 1959) was an American military leader, Secretary of State, and the third Secretary of Defense. Once noted as the “organizer of victory” by Winston…
Cuba, he says, is desperately poor, but does not look desperately poor:
Marginal Revolution: How poor does Cuba look?: The question is why anyone might think Cuba is doing OK, relative to northern Mexico. Megan McArdle offers (more than) two points:
3) Deep poverty is much more picturesque…. Poor countries have their old colonial buildings still standing, because no one had the money (or the reason) to tear them down…. The countryside is dotted with adorable houses made out of…
Mark Thoma reminds us of Paul Krugman’s decade-old thoughts on the moral economy of communism:
The Unofficial Paul Krugman Web Page: [PBS’s] stark honesty in a way makes the account of the Soviet Union’s wartime achievement [during WWII] all the more impressive. The Soviet Union did not win through military genius: most of its trained officers had been purged in political witch-hunts, and while the war eventually threw up a new set of leaders, they were competent rather than brilliant -…
Notes on Jan de Vries’s early globalization seminar: Period: 1500-1800: Soft vs hard globaization Boom in trade volume? Price convergence? Monopoly political limits to trade? What set the limits? Asian supply? European demand? Transaction costs? 50000 tons of Asian commodities a year arriving in W. Europe in 1800. 5000 tons in 1600… Asian goods value? 1lb. at wholesale: 1 shilling per pound. Two percent of annual craftsman income… 16th c spices, 17th c textiles, 18th c teas… New World…
