GLCApr 4, 2025

#Stross's "Slow AI" as a theory of the corporation puts in an appearance at #BradDelong's blog today.. (A neater formulation of #BrewsterKahle's "1st generation AI").

https://braddelong.substack.com/p/hoisted-from-the-archives-a-return

HOISTED FROM THE ARCHIVES: A Return of "Management Cybernetics" as a Way Forward Out of Economics-Based Neoliberalism?

Dan Davies's book "The Unaccountability Machine" comes out in its U.S. edition today. So let me hoist the scattered, disorganized, self-indulgent and too-long review I wrote of it last year. I...

Brad DeLong's Grasping Reality
I Voted for McGovernMay 30, 2024
Excellent analysis on the shoddy, and very much incomplete, reporting on Biden and the economy! Take the time to read it if you can
#BradDeLong
https://braddelong.substack.com?utm_source=navbar&utm_medium=web
Brad DeLong's Grasping Reality | Substack

Economic history, economics, political economy, finance, & forecasting. Here to try to make you (and me) smarter in a world with many increasingly deep & complicated troubles... Click to read Brad DeLong's Grasping Reality, a Substack publication with tens of thousands of subscribers.

Doc Edward Morbius ⭕​Sep 3, 2023

"Imagine Elon Musk without the charm and social intelligence, and you'll get Nikola Tesla."

-- J. Bradford DeLong, on Pitchfork Economics

#Quotes #NikolaTesla #ElonMusk #JBradfordDeLong #BradDeLong #PitchforkEconomics

Show threadCory DoctorowMay 26, 2023

Here's some from #BradDeLong:

* "The #FederalReserve might simply record a negative balance in the #Treasury account," then create an "overdraft" and pay the US's obligations out of it

* The Fed could tell retail banks trying to clear government checks that they didn't clear, and banks could tell their depositors, " your Treasury check bounced, but do not worry, we have credited your account, anyway, and will handle this, and please be grateful to us."

https://braddelong.substack.com/p/debt-ceiling-what-are-e-fallback

8/

CORRECTED & UPDATED: Thanks to Josh Barro: Debt Ceiling: What Are þe Fallback Threat Points in þe Case of "No Deal"?

Walking down the strategy & scenario tree...

Brad DeLong's Grasping Reality
j_p_fordDec 12, 2022
"#BradDeLong’s highly anticipated economic history of the twentieth century, Slouching Towards Utopia, begins with the reminder that #EconomicGrowth is overwhelmingly a twentieth-century phenomenon. According to the best estimate, between the birth of Jesus and the beginning of the eighteenth century, the living standard of an average person rose by barely one third—1.5 percent every 100 years."
https://www.foreignaffairs.com/reviews/boom-and-bust
Boom and Bust

Why it’s hard to predict economic growth.

Foreign Affairs
Politics & Culture BotApr 18, 2018
This isn’t the first time a tech boom has interfered with democracy https://arstechnica.com/?p=1295647 #ArsTechnicaVideos #ArsTechnicaLive #braddelong #Economics #Policy #policy
This isn’t the first time a tech boom has interfered with democracy

Video: Ars Live in conversation with economist Brad DeLong, an expert in tech revolutions