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October 25, 2004

DeLong on the global economy

DeLong’s powerpoint notes are certainly worth checking out. The side by side graphs showing real GDP growth and then employment growth (or the lack thereof) elegantly tell the story of the 2002-2004…

July 7, 2006

United States
DeLong: It will all be OK … unless it isn’t

Weekend commentary on the forthcoming (we just don’t know when) process of external adjustment in the US has been outsourced to the left coast.  DeLong: What is this most likely scenario? It is of (a…

March 9, 2005

Emerging Markets
Brad DeLong covers the Argentine crisis, in one night

DeLong is clearly working his way through Paul Blustein’s book on Argentina. Martin Wolf has a column on Argentina’s restructuring in yesterday’s Financial Times, which I quite liked, for rather obv…

December 20, 2023

Artificial Intelligence (AI)
The Year of AI and Elections

Billions of people will take to the polls next year, marking the world’s largest-ever electoral field. But this historic scale is not the only thing that will make 2024 unique. As new threats like de…

Podcast People from around the world casting ballots in elections. This image includes content generated by artificial intelligence.

June 30, 2006

United States
DeLong is right. If the US wants to end up like Australia, US trade deficit needs to fall - unless foreigners continue to do terribly on their investments in the US.

As Brad Delong notes, the big difference between the United States and Australia is that the United States has a  trade and transfers deficit of close to 7% of GDP.    That implies – assuming the sto…

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