December 16, 2021

16 Diciembre 2021

The weaker than expected retail sales number for November means that the relatively high savings rate is continuing.

• Economic Crisis and RecoveryCrisis económica y recuperación

Casey Mulligan Says Build Back Better Will Raise Childcare Costs by $27,000

By Dean BakerDean Baker

December 14, 2021

14 Diciembre 2021

Mulligan is right, there could be some losers. But tens of millions of families with children will have better access to quality childcare.

• Economic Crisis and RecoveryCrisis económica y recuperación

Will We See Deflation in the Next 12 Months?

By Dean BakerDean Baker

December 12, 2021

12 Diciembre 2021

I’m not worried at this point about a deflationary spiral, but I see what, to my view, is a plausible scenario where the CPI actually goes negative in the next twelve months.

• COVID-19CoronavirusEconomic Crisis and RecoveryCrisis económica y recuperación

Could the Omicron Variant Be Good News?

By Dean BakerDean Baker

December 11, 2021

11 Diciembre 2021

This is a very unpretty picture, but there is at least a possibility that the spread of omicron will make the situation better rather than worse.

• COVID-19Coronavirus

Washington Post Says School Employees Being Fired in LA Because of Vaccine Mandate are Less Than One Month’s Normal Turnover

By Dean BakerDean Baker

December 11, 2021

11 Diciembre 2021

The number of employees who stand to be fired over the mandate is less than the number who would be fired or quit their job in a typical month.

• EnvironmentGlobalization and TradeGlobalización y comercio

NYT Hypes Coal Industry Line About Job Loss Due to Climate Change Measures

By Dean BakerDean Baker

December 08, 2021

08 Diciembre 2021

The jobs impact in the coal industry from climate measures is relatively small in a national context and even in pretty much every state, except West Virginia.

• Economic Crisis and RecoveryCrisis económica y recuperación

Cheap Fun Saturday: Job Growth Under Biden and Trump

By Dean BakerDean Baker

December 04, 2021

04 Diciembre 2021

• COVID-19Coronavirus

Yes Folks, Omicron Can be Blamed on Patent Monopolies

By Dean BakerDean Baker

December 01, 2021

01 Diciembre 2021

Patent Monopolies and High Prices Are Not Necessary for New Drugs

By Dean BakerDean Baker

November 29, 2021

29 Noviembre 2021

High drug prices are a policy choice, not an inevitable outcome of the drug development process.

• Intellectual PropertyPropiedad Intelectual

In Fighting COVID-19, Intellectual Property, Not Antitrust, is the Real Problem

By Dean BakerDean Baker

November 29, 2021

29 Noviembre 2021

Let’s imagine that we were not relying on government-granted patent monopolies to finance biomedical research. Suppose that, instead of granting monopolies, the government just paid for the research upfront