Thaddeus Russell on Renegades vs. Conformists

This Sunday, 8–9am PACIFIC, find out what students are really being taught in humanities and social science departments today. Is postmodernism really the pernicious, nihilistic doctrine that Jordan Peterson claims it to be? Before you answer, be sure to tune into Bob’s interview with Thaddeus Russell, and call in with your thoughts to (424) BOB-SHOW.

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Professor Brad DeLong on Austrian Economics

Producer Charlie Deist tries to cram a semester of economics into one hour with Professor J. Bradford Delong He continues to look at the Austrian Business Cycle Theory, (see part 1), which holds central banks responsible for creating booms and busts by “pumping” cheap credit into the economy and subsequently “slamming on the breaks” when inflation results. Brad DeLong is a former deputy assistant secretary of the U.S. Treasury, and a professor of economics at the University of California at Berkeley, where he is chair of the political economy major. He was also an early blogger, and is one of the most respected voices in the “neoclassical synthesis”—the hybrid of classical, Keynesian, and monetarist macroeconomics taught at universities throughout the world. DeLong has criticized Austrians for putting the blame for business cycles entirely on government. However, he too was concerned by Alan Greenspan’s excessive easing, starting all the way back in 2004, and during the lead-up to the housing bust.

Tune in to find out why DeLong considers himself a student of both Milton Friedman and John Maynard Keynes, and learn what it means to be a liberal in both the modern and classical senses.

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