What relevance and use does a work like Karl Marx and Friedrich Engels (1848), "Manifesto of the Communist Party" have to twenty-first century economists today? ---- Remember: Two hard copies, and one soft copy emailed to me at delong@econ.berkeley.edu...

To: S09 Econ 210a Students From: Brad DeLong Subject: Before the first meeting of the class, please... Date: January 15, 2009 Before the first meeting of Econ 210a, please do the following four tasks: (a) Read the readings for January 21: The Malthusian Economy? (DeLong): Jared Diamond (1987), "The ...

From: Brad DeLong, Chair, Political Economy Group Major To: Current and Future Political Economy Majors and Other Interested Parties Subject: Political Economy Major "Concentrations" Date: June 8, 2008 The concentration requirement in Berkeley's Political Economy major is meant to force students to ...

Berkeley Political Economy Group Major Advisory Committee and Stakeholders' Meeting: Background The phrase "political economy" has at least four meanings: the heir of Enlightenment moral philosophy, in the same sense that today's proper sciences are the heirs of Enlightenment natural philosophy. the...

The Concentration requirement in Berkeley's Political Economy major is meant to give students the opportunity to deepen their understanding of the nature of the relationship between politics and economics as it relates to a particular issue. You are graduating with a Political Economy degree. That m...

April 23: WWI and the Great Depression [DeLong] Memo Question for April 30: "Thirty Glorious Years": A growing literature develops explanations for 'Europe's golden age' (the European economy's fast growth in the third quarter of the 20th century). Is this effort misguided? In other words, do we rea...

April 14: Risks of International Financial Crisis Notes: Lecture Audio: http://www.j-bradford-delong.net/2008_mov/20080414_091122.mp3 International Financial Crises: http://delong.typepad.com/delongslides/2008/04/foreign-exchang.html Global Imbalances: http://delong.typepad.com/delongslides/2008/04/...

April 11: International Finance and "Global Imbalances": Introduction Notes: Lecture Audio http://www.j-bradford-delong.net/2008_mov/20080411_091301.mp3 Readings: Raghuram Rajan, "Global Current Account Imbalances: Hard Landing or Soft Landing?" http://www.imf.org/external/np/speeches/2005/031505.ht...

Lecture Audio Arguments Against Standard Central Bank Lender-of-Last Resort Operations: Since at least 1844, central banks have been trying to avoid great depressions by acting as lenders-of-last-resort in times of financial crisis Stage I: provide liquidity (at a penalty rate) Stage II: lower inter...

Larry Summers hopes that the current financial crisis has passed its peak: Steps that can safeguard America's economy: Neither US financial institutions nor the economy are likely to suffer from a lack of central bank liquidity provision. New lending facilities are coming along almost weekly, the sa...