2026 Final Exam

Slides (these are also on Canvas under “Files”, which is where you need to go for the ones that I felt have copyright issues)

• Increasing Returns and Imperfect Competition

• Negative Interest Rate Policy Slides (21 Misconceptions)

• Why Output and Employment are Too Low

• Slide equivalent: Brad DeLong Boils Down the Spine of Economic History in One Table

Posts to Read

• I love AI. Why doesn't everyone? by Noah Smith

• Salarymen, specialists and small businesses, by Noah Smith

• The Surprising Reason Europe Came Together Against Putin (on Machine Translation) by Claire Berlinski

• The elemental foe: Lifting humanity out of poverty is Job #1 by Noah Smith

• Book review: "Slouching Towards Utopia": Brad DeLong tells his story of the 20th century by Noah Smith

• The Government and the Mob

• The Fastest Path to African Prosperity by Magatte Wade

• A Tweetstorm on Imperfect Information Processing

• Negative Interest Rate Policy as Conventional Monetary Policy

• How Having Negative Interest Rate Policy in Its Toolkit Would Make the Fed Braver in Confronting Inflation with Needed Rate Hikes—A Tweetstorm

YouTube Video to Watch for the Final Exam

• Interview about Negative Interest Rate Policy