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J. Bradford DeLong

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person Lawrence Summers
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Date Event Type Description Location Actions
2001-08-01 N/A Symposium titled 'Economic Policy for the Information Economy' Federal Reserve Bank of Kan... View

HOUSE_OVERSIGHT_029356.jpg

This document is a scanned page from a book or academic text discussing economic theory, specifically the concept of 'zero marginal cost' and its impact on capitalism. It highlights a joint paper presented by Lawrence Summers and J. Bradford DeLong in August 2001. The document bears a 'HOUSE_OVERSIGHT' stamp, indicating it was collected as evidence, likely in relation to investigations involving Lawrence Summers' associations.

Book excerpt / evidence file
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_029355.jpg

The text discusses the inherent contradictions within the capitalist system regarding productivity and marginal costs, citing economists Lange and Keynes. It explores how technological progress drives costs toward zero, potentially stalling investment and profit, and references modern economic discussions by Lawrence Summers and J. Bradford DeLong on the "near zero marginal cost" dilemma.

Photograph of a computer screen displaying a pdf/e-book page
2025-11-19
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