17 - Brad DeLong on Hamiltonian Political Economy and American Economic History

Published: Aug. 1, 2016, 9:18 a.m.

J. Bradford DeLong \u2013 professor of economics at UC-Berkeley, research associate at the National Bureau of Economic Research, and a deputy assistant secretary of the U.S. Treasury during Bill Clinton\u2019s presidency \u2013 joins the show to discuss his new book, \u201cConcrete Economics: The Hamilton Approach to Economic Growth and Policy.\u201d Brad\u2019s book, co-authored with Stephen Cohen, argues that rather than relying on abstract theory, Hamilton economics is based on facts that demonstrate how the American economy has benefited from pragmatic government policies throughout its history. David and Brad also discuss Brad\u2019s education at Harvard and how he is a \u201cspeed reader\u201d! David\u2019s blog: http://macromarketmusings.blogspot.com/ Brad DeLong\u2019s blog: http://delong.typepad.com/ Brad DeLong\u2019s UC Berkeley profile https://www.econ.berkeley.edu/faculty/812 David\u2019s Twitter: @DavidBeckworth Brad DeLong\u2019s Twitter: @DeLong Related links "Concrete Economics: The Hamilton Approach to Economic Growth and Policy (2016)" by Stephen S. Cohen and J. Bradford DeLong https://www.amazon.com/Concrete-Economics-Hamilton-Approach-Economic/dp/1422189813 "The End of Influence: What Happens When Other Countries Have the Money" by Stephen S. Cohen and J. Bradford DeLong (2010) https://www.amazon.com/End-Influence-Happens-Other-Countries/dp/B004MKLS28 Brad DeLong\u2019s Journal of Economics article, \u201cThe Triumph of Monetarism?\u201d (2000) https://www.aeaweb.org/articles?id=10.1257/jep.14.1.83