Article • Dean Baker’s Beat the Press
A Quick Note on the AI Bubble: Either the Market or Arithmetic is Wrong
If Chinese AI providers can deliver similar output at a fraction of the cost, current US AI valuations may not add up.
Publications
Article • Dean Baker’s Beat the Press
From War on Iran to the War on Crypto: The Secret Weapon Is a Digital Currency
With crypto’s volatility and limited real-world use exposed, a public digital currency could outcompete it while lowering costs and reshaping financial markets.
Article • Dean Baker’s Beat the Press
Inflation Jumps in March: War-Related Jump in Energy Prices is the Story (Also Treatments for Rare Diseases)
While inflation was accelerating before the war, the surge in oil prices added fuel to the fire, and it will likely be well above the Fed’s 2.0 percent target for the foreseeable future.
Article • Dean Baker’s Beat the Press
February Data on Consumption and Prices: The Story Is Not Good
New data show that growth is slowing sharply and inflation is picking up, a phenomenon that was once called “stagflation.”
Article • Dean Baker’s Beat the Press
Is Imperial County, California Going to Get Burned Again? Sodium Can Replace Lithium
In a big piece about a possible lithium extraction project, the New York Times fails to mention other technological developments that could reduce demand for the metal.
Article • Data Bytes
Data Centers and Price Spikes: Why the Public Should Own Its Utilities
Data centers are expanding and driving up energy costs for consumers. Could publicly owned utilities change that?
Article • Data Bytes
March 2026 CPI Preview: What to Expect
The effects of the war on Iran should be clearly evident in the March inflation data.
Article • Dean Baker’s Beat the Press
We Know the Media Is a Huge Problem: Anyone Want to Think About Fixing It?
Recent discussions about structural problems with our media don’t do enough to propose solutions.
Article • Expose the Heist: Power and Policy in Unprecedented Times
It’s Time to Slash US Military Spending by Half
Reducing the US military budget would free up funds for programs that actually support people in this country, and would likely reduce the threat of future wars as well.
Article • Expose the Heist: Power and Policy in Unprecedented Times
Private Equity Gets the Green Light to Tap Workers’ Retirement Accounts
A long-awaited Trump administration rule appears to give the private equity industry a valuable gift.
