Word: delong
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...DeLong, meanwhile, says that he took extremely challenging classes in a broad range of fields, spanning everything from econometrics to Straussian philosophy. He also became close to then-Harvard professor William Lazonick, a business historian who now teaches at the University of Massachusetts at Lowell...
Lazonick ended up advising DeLong, who is now noted for his work in economic history, on his thesis, which examined the industrial revolution through the lens of classical economic theory. Shleifer and DeLong would actually write one paper on a similar topic—the growth of cities before the industrial revolution—which Shleifer credits to DeLong’s interest in and knowledge of history...
After graduating from college, Shleifer chose MIT for graduate school while DeLong remained at Harvard. Summers moved to Harvard the next year, and the three would soon after collaborate on a series of papers on “noise trading”—the buying and selling of stocks in the absence of new information that allows traders with information to make money...
After Shleifer and DeLong completed their doctorates, each taught at a few different universities before joining Harvard and Berkeley, respectively. But pure research was not the only thing on either of their plates in the early 1990s—each soon took up an important policymaking role, and Shleifer’s would soon land him in hot water...
...DeLong, who had also taken on a policy role in the early 1990s, contributed to many of the early economic initiatives of the Clinton administration, though he would also become sharply critical of at least one of his colleagues by the time he left Washington...