Brad DeLong, professor of economics at UC Berkley, OG econ blogger, and Tyler\u2019s Harvard classmate, joins the show to discuss Slouching Towards Utopia, an economic history of the 20th century that\u2019s been nearly thirty years in the making.
Tyler and Brad discuss what can really be gleaned from the fragmentary economics statistics of the late 19th century, the remarkable changes that occurred from 1870-1920, the astonishing flourishing of German universities in the 19th century, why investment banking allowed America and Germany to pull ahead of Britain economically, what enabled the Royal Society to become a force for progress, what Keynes got wrong, what Hayek got right, whether the middle-income trap persists, his favorite movie and novel, blogging vs. Substack, the\xa0Slouching Towards Utopia director\u2019s cut, and much more.
Read a\xa0full transcript enhanced with helpful links, or watch the full video.\xa0
Recorded November 11th, 2022
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