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Thursday February 29, 2024
Dean Baker
Dean Baker

  • September 28, 2022

    Interest hikes

    Catherine Rampell’s latest Washington Post column argued that lower-income people have been hardest hit by inflation, so they will benefit most if...

  • July 22, 2022

    Loud chorus

    There is a loud and growing chorus demanding that the Fed follow a path of aggressive rate hikes, which will inevitably lead to higher unemployment...

  • June 23, 2022

    Accurate representation

    It was very frustrating to read Noam Scheiber’s profile of Jaz Brisack, the person who led the first successful union organizing drive at a...

  • June 16, 2022

    Wage-price spiral

    That’s the question millions are asking, or hopefully at least the folks at the Fed making decisions on interest rates. Ostensibly, the Fed is...

  • June 12, 2022

    Giving the rich all of our money

    There are legitimate debates over what tax rates should be, even if many of us consider the current tax rates on the rich and super-rich far too...

  • April 11, 2022

    Pricing matters

    This week President Biden announced that he would release 1 million barrels per day from the strategic oil reserves. This action was generally...

  • March 08, 2022

    No driving

    From my Twitter feed it seems that Sarah Palin has been resurrected. All sorts of centrist-liberal types are yelling ‘drill baby, drill!’ as a...

  • December 16, 2021

    Omicron news

    At this point, we still don’t know very much about the Omicron variant, except that it spreads far more quickly than the Delta variant. The data...

  • September 08, 2021

    It won’t go away

    Politicians in Washington tend to be a pretty arrogant group. They think they can just define their own terms and expect everyone else just to...

  • September 06, 2021

    Problem in economics

    The release of the new Social Security Trustees Report, coupled with a New York Times article on what strikes me as a rather silly debate on...

  • April 13, 2021

    A vaccine summit

    Getting the world vaccinated is not about some feel-good gestures, like a few billion dollars for COVAX, the Bill Gates-inspired initiative to make...

  • March 18, 2021

    Economic optimism

    More than 20 percent of workers now report that they are working from home at least part-time as a result of the pandemic. While many of these...

  • January 31, 2021

    The vaccine rollout

    The vaccine rollout process has been painfully slow in the United States. More than 40 days after the first vaccine was approved for emergency use...

  • January 16, 2021

    Lost jobs

    The economy lost 140,000 jobs in December, all of which can be attributed to a plunge in restaurant employment of 372,000. Other sectors highly...

  • August 21, 2020

    Covid-19 and the lost GDP

    Some folks have complained about the loss of GDP over the last five months and questioned whether the shutdowns have been worth the price. While...

  • September 07, 2019

    No recession for 2020

    These days the business press is full of predictions of recessions. This could get people worried, except that the track record of economists in...

  • June 25, 2019

    The population story

    A theme often repeated in the media is that Japan is suffering terribly because of its low birth rates and shrinking population. This has meant slow...

  • January 22, 2019

    The next recession

    With the New Year and the US recovery soon to be record-breaking in duration, many are asking when the next recession is likely to come and what...

  • September 18, 2018

    The bank bailout

    This week marked 10 years since the harrowing descent into the financial crisis – when the huge investment bank Lehman Bros went into bankruptcy,...

  • July 31, 2018

    Trump’s tariffs

    Donald Trump made his opposition to much of America’s international trade policy a central theme in his presidential campaign, and his position...

  • May 31, 2018

    Trade deficit

    A trade deficit reduces demand in the economy. It means that some of our spending is creating demand in Europe or Mexico, rather than in the United...

  • December 21, 2017

    Growth and debt

    It now appears likely that the Republicans will get their tax cuts through Congress and signed by President Trump. This will be a political...