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Brad De Long is Associate Professor of Economics at the University of California at Berkeley. He is also Co-Editor of the Journal of Economic Perspectives, an Alfred P. Sloan Research Fellow, a Research Associate of the National Bureau of Economic Research, a Visiting Scholar at the Federal Reserve Bank of San Francisco, and President of the Carter Investment Company--a small family investment corporation.
He served in the U.S. government as Deputy Assistant Secretary of the Treasury for Economic Policy from 1993 to 1995, reporting to Assistant Secretary Alicia Munnell (the best of all bosses). He worked on the Clinton Administration's 1993 budget, on the Uruguay Round of the General Agreement on Tariffs and Trade, on the North American Free Trade Agreement, on macroeconomic policy, on the unsuccessful health care reform effort, and on many other issues.
Before joining the Treasury Department he was Danziger Associate Professor in the Department of Economics at Harvard University. He has also been a John M. Olin Fellow at the National Bureau of Economic Research, an Assistant Professor of Economics at Boston University, and a Lecturer in the Department of Economics at M.I.T.
He has written on, among other topics, the evolution and functioning of the U.S. and other nations' stock markets, the course and determinants of long-run economic growth, the making of economic policy, the changing nature of the American business cycle, and the history of economic thought.
Recent publications include "Keynesianism Pennsylvania-Avenue Style" (Journal of Economic Perspectives, 1996), "In Defense of Mexico's Rescue" (Foreign Affairs, 1996; co-authored with Christopher DeLong and Sherman Robinson), "Princes and Merchants: European City Growth before the Industrial Revolution" (Journal of Law and Economics 1993; co-authored with Andrei Shleifer), "The Marshall Plan: History's Most Successful Structural Adjustment Programme" (in R. Dornbusch et al., eds., Postwar Economic Reconstruction and Lessons for the East , Cambridge: M.I.T., 1993; co-authored with Barry Eichengreen), "Productivity and Machinery Investment: A Long-Run Look, 1870-1980" (Journal of Economic History, June 1992), "The Stock Market Bubble of 1929: Evidence from Closed-End Funds" (Journal of Economic History, September 1991; co-authored with Andrei Shleifer), and "Equipment Investment and Economic Growth" (Quarterly Journal of Economics, May 1991; co-authored with Lawrence Summers).
Brad De Long has taught finance, macroeconomics, economic history, and social theory. He has also spent three years (1988-1991) in part-time academic administration responsible for Harvard University's undergraduate programs in Economics, as Head Tutor of the Department of Economics.
He holds a Ph.D. (1987), an M.A. (1984), and a B.A. summa cum laude (1982) from Harvard University.
He was born in Boston, Mass. on June 24, 1960. He lives in Lafayette, CA, and is married to Ann Marie Marciarille. They have two children, Michael Marciarille De Long (born April 24, 1990) and Gianna De Long Marciarille (born April 13, 1993).
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