January 21, 2022

21 Enero 2022

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.

• COVID-19CoronavirusIntellectual PropertyPropiedad Intelectual

Gaslighting on the Big Lie by Thomas Edsall in the NYT

By Dean BakerDean Baker

January 19, 2022

19 Enero 2022

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.

• COVID-19CoronavirusIntellectual PropertyPropiedad Intelectual

Expensive Drugs and Multi-Million Dollar Salaries for Firefighters

By Dean BakerDean Baker

January 19, 2022

19 Enero 2022

There are good reasons for believing that our system of patent monopoly financing stifles innovation and leads to worse health care outcomes.

• Economic Crisis and RecoveryCrisis económica y recuperación

Is the US Economy Operating Above Its Capacity?

By Dean BakerDean Baker

January 17, 2022

17 Enero 2022

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.

• Economic Crisis and RecoveryCrisis económica y recuperación

Where’s the Beef Prices?

By Dean BakerDean Baker

January 16, 2022

16 Enero 2022

The media should be giving the drop in beef prices the same sort of attention they gave to the rise in beef prices.

• COVID-19CoronavirusIntellectual PropertyPropiedad Intelectual

Why Pay Less? The US Strategy for Vaccinating the World

By Dean BakerDean Baker

January 16, 2022

16 Enero 2022

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.

• Economic Crisis and RecoveryCrisis económica y recuperación

Is Europe’s Inflation Joe Biden’s Fault?

By Dean BakerDean Baker

January 14, 2022

14 Enero 2022

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.

• Economic Crisis and RecoveryCrisis económica y recuperación

Will Seasonal Adjustments Alleviate the Supply Chain Backlog?

By Dean BakerDean Baker

January 13, 2022

13 Enero 2022

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.

• Economic Crisis and RecoveryCrisis económica y recuperación

Inflation Hawks on the Path Toward an Inflation War

By Dean BakerDean Baker

January 13, 2022

13 Enero 2022

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.

• Intellectual PropertyPropiedad Intelectual

The Continuing Phony Debate on “Free Trade”

By Dean BakerDean Baker

January 10, 2022

10 Enero 2022

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.