April 14, 2022

14 Abril 2022

If we want to reduce inflationary pressures there are a whole set of policies that would lower the incomes of people at the top of the income ladder. Unfortunately, we are not likely to go this route.

• Economic Crisis and RecoveryCrisis económica y recuperación

Correcting the NYT: Excluding Gasoline, Retail Sales FELL in March

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

Contrary to the picture presented by the headline, the data released by the Commerce Department today suggest a rapidly slowing economy.

• Economic Crisis and RecoveryCrisis económica y recuperación

High Gas Prices Are Donald Trump’s Fault

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

According to Trump, he worked out a deal where OPEC producers would all agree to reduce their output.

• Economic Crisis and RecoveryCrisis económica y recuperación

If Wage Growth Is Driving Inflation, Why Is Workers’ Share of Income Falling?

By Dean BakerDean Baker

April 13, 2022

13 Abril 2022

It is very hard to make the wage-price spiral inflation story from the 1970s fit the current situation for a simple reason: the wage share of income has fallen sharply since the pandemic.

• COVID-19CoronavirusEconomic Crisis and RecoveryCrisis económica y recuperaciónInequalityLa Desigualdad

Paul Krugman, China, mRNA Vaccines, and Right-Wing Populism

By Dean BakerDean Baker

April 10, 2022

10 Abril 2022

It is our policy on technology that drives inequality, it is not the technology.

Washington Post Columnists Badly Need to Learn About Corporate Power

By Dean BakerDean Baker

April 08, 2022

08 Abril 2022

Corporations hold enormous political power on obscure issues that almost no one follows, but nonetheless have an enormous impact on our economy. This is what the left is upset about in complaining about the excessive power of large corporations.

New York Times News Article Endorses Macron for Reelection in France

By Dean BakerDean Baker

April 08, 2022

08 Abril 2022

The weakness of France's recovery can be seen...by looking at the employment rate for prime age workers.

• Globalization and TradeGlobalización y comercio

Being a Bit Serious About Oil Prices

By Dean BakerDean Baker

April 07, 2022

07 Abril 2022

We have a world oil market...many Republican politicians are running around saying that if we just produced more oil here, we wouldn’t have to worry about high gas prices. The numbers indicate otherwise.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Biden and Reagan Booms

By Dean BakerDean Baker

April 07, 2022

07 Abril 2022

I’m an economist, not a psychologist, I don’t know how people form their views of the economy. But I can say that the media have not been giving an accurate picture of the economy, nor one that is consistent with their reporting during the Reagan era.

• EnvironmentUnited StatesEE. UU.

Antienvironmentalists in Never-Never Land: The Lake Powell Pipeline

By Dean BakerDean Baker

April 04, 2022

04 Abril 2022

We will have problems maintaining energy production from the dam even without the LPP. If we were to build the LPP, we would very quickly need another energy source for 5 million people in the area.