Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare, and European labor markets. His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic, The Washington Post, the Financial Times (London), and the New York Daily News. Dean received his BA from Swarthmore College and his PhD in economics from the University of Michigan.
Dean has written several books, including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research, 2013); The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research, 2011); Taking Economics Seriously (MIT Press, 2010), which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press, 2010), about what caused — and how to fix — the 2008–2009 economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network, 2009). His previous books include The United States Since 1980 (Cambridge University Press, 2007), The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press, 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year.
Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes 121, no. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society 2, no. 1 (2007); “Asset Returns and Economic Growth,” with Brad DeLong and Paul Krugman, Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble?,” Center for Economic and Policy Research (2002).
Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the US Congress, and the OECD’s Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review, from 1996 to 2006.
All from Dean Baker
May 2026 Jobs Preview: What to Expect
The overall labor market story is somewhat positive; however, if wage growth continues to lag inflation, consumer demand will not be able to sustain growth going forward.
Quick Thoughts on the Labor Market: Don’t Buy the Job Openings Hype
The latest JOLTS report’s jump in job openings is likely an anomaly, as declining hiring and worker turnover point to a softer labor market.
Factory Construction Down Again in April
April construction data show factory building continuing to decline, marking a sharp reversal from the historic manufacturing investment boom fueled by Biden-era legislation.
A Free Market Approach to Healthcare: Lower Costs and Better Outcomes
Healthcare costs could fall dramatically by funding research upfront and eliminating patent monopolies that drive up the price of drugs and medical equipment.
Trump’s $1.5 Trillion Military Budget is $11,200 per Household for His Dementia Dreams
Trump’s military spending proposal would dramatically increase defense costs while far exceeding the price of many domestic programs that often receive greater scrutiny.
Fast-Food Going Down: What We Learned in the April Consumption Data
April consumption data point to slowing consumer demand, declining fast-food spending, weaker tourism, and continued increases in drug spending despite Trump’s claims about lower pharmaceutical prices.
Mostly Economics – Episode 36
Mostly Economics Episode 36: Ed Zitron, CEO of national Media Relations and Public Relations company EZPR and leading AI skeptic, joins Dean Baker to break down why the AI investment boom looks more like a bubble than a revolution.
Political Corruption Did Not Begin and Will Not End with Citizens United
Citizens United ignores broader forms of political influence wielded through billionaire spending, media ownership, and social media control.
JD Vance’s Racist “Fraud” Task Force
JD Vance is reviving racially charged fraud narratives to support Trump’s political agenda while ignoring larger sources of corporate fraud and unpaid taxes.
Four Reasons We’re Being Lied To
Narratives around AI, deficits, media consolidation, and social media ownership create confusion and misinformation that shape public opinion and strengthen right-wing political influence.