Beat the Press

Beat the press por Dean Baker

Beat the Press is Dean Baker's commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR). To never miss a post, subscribe to a weekly email roundup of Beat the Press. Please also consider supporting the blog on Patreon.

Declining real wages are still bad news, and would be especially bad if we expected these declines to persist for any period of time, but using an alternative and reasonable measure for used vehicle prices eliminates one-third of the drop over the last year.
Declining real wages are still bad news, and would be especially bad if we expected these declines to persist for any period of time, but using an alternative and reasonable measure for used vehicle prices eliminates one-third of the drop over the last year.
For political purposes, it is very much to the advantage of these powerful elites to pretend that their wealth is just the result of the free market, but it is not true, and it is gaslighting to pretend it is.
For political purposes, it is very much to the advantage of these powerful elites to pretend that their wealth is just the result of the free market, but it is not true, and it is gaslighting to pretend it is.
There are good reasons for believing that our system of patent monopoly financing stifles innovation and leads to worse health care outcomes.
There are good reasons for believing that our system of patent monopoly financing stifles innovation and leads to worse health care outcomes.
If we can get the pandemic under control, the supply problems we are now seeing (along with pretty much every other wealthy country) will dissipate over the course of the year.
If we can get the pandemic under control, the supply problems we are now seeing (along with pretty much every other wealthy country) will dissipate over the course of the year.
The media should be giving the drop in beef prices the same sort of attention they gave to the rise in beef prices.
The media should be giving the drop in beef prices the same sort of attention they gave to the rise in beef prices.
The obvious route for going from the current system to an open-source system would be to take small steps with little downside risk. This is exactly what Peter Hotez and his team of researchers did.
The obvious route for going from the current system to an open-source system would be to take small steps with little downside risk. This is exactly what Peter Hotez and his team of researchers did.
If we look at the inflation in a roughly comparable set of goods, in similar countries, it was actually greater than the inflation we see in the United States.
If we look at the inflation in a roughly comparable set of goods, in similar countries, it was actually greater than the inflation we see in the United States.
Even if there is no reduction in demand as shown in our seasonally adjusted data, there should be some reduction in pressure on our supply chains. We'll see how much of the backlog this will clear up.
Even if there is no reduction in demand as shown in our seasonally adjusted data, there should be some reduction in pressure on our supply chains. We'll see how much of the backlog this will clear up.
It would be incredibly irresponsible for the Fed to slam on the brakes, and throw millions of people out of work, to head off inflation associated with a clogged supply chain.
It would be incredibly irresponsible for the Fed to slam on the brakes, and throw millions of people out of work, to head off inflation associated with a clogged supply chain.
We are not having arguments of free trade. We are having arguments over policies that are designed to redistribute even more income from the bulk of the population to those at the top.
We are not having arguments of free trade. We are having arguments over policies that are designed to redistribute even more income from the bulk of the population to those at the top.

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