Professor of Economics at U.C. Berkeley, and Research Associate at the National Bureau of Economic Research. From 1993 to 1995, Bradford DeLong worked for the U.S. Treasury as a deputy assistant secretary for economic policy.
Examining the recovery paths of major industrial powers in the 1930s tells us that thoughts of reversion to normal policies -- whether monetary, exchange rate, fiscal or banking -- need to be delayed until global recovery to normal is nearly completed.
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