What Brad DeLong thinks about interest rates
Economics professor at the University of California, Berkeley and a former Deputy Assistant Secretary of the US Treasury. Author of Slouching Towards Utopia and writer of the Grasping Reality newsletter.
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We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
2 dated positions, 2026, in their own words. Our reading of what Brad DeLong has said — not written or endorsed by them.
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Their wordsRegardless, as best I can tell, his views diverge fundamentally from those of the rest of the committee, and that gap is what he owes us an explanation for.
↗CROSSPOST: CLAUDIA SAHM: Questions for the [Fed] Chair [Kevin Warsh]braddelong.substack.com
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Their wordsIn a word, no. In a few words I’d say this, I’ve always been interested in a neutral rate as an academic matter. Back when I learned economics we used to think of it as the Wicksellian rate, the real equilibrium rate. It’s useful academically, it’s -- it’s a discussion to help us think about policy. Do I think it has any operational effect on decisions that we make today? No, I don’t.
↗CROSSPOST: CLAUDIA SAHM: Questions for the [Fed] Chair [Kevin Warsh]braddelong.substack.com
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