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

If it turns out that the difference in the severity with delta is larger than the difference in spread, the omicron variant may prove to be very good news.

• 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.

• Climate ChangeEnvironmentGlobalization 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 NYT should not be assisting the industry in its efforts to inflate jobs concerns in order to block action on global warming.

• 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

The November jobs report left a number of people, including me, somewhat confused. The data from the survey of households was great.

• COVID-19Coronavirus

Yes Folks, Omicron Can be Blamed on Patent Monopolies

By Dean BakerDean Baker

December 01, 2021

01 Diciembre 2021

The development of the new variant, which was first discovered in South Africa, can be attributed to our failure to open-source our vaccines and freely transfer technology, contrary to claims from the pharmaceutical industry and its political allies.

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

It might be late in the game in terms of combatting this pandemic, but some new thinking would be tremendously valuable in preparing for the next pandemic, as well as our ongoing struggles with cancer, heart disease, and other longstanding health issues.

• Economic Crisis and RecoveryCrisis económica y recuperaciónInequalityLa Desigualdad

Being Thankful This Thanksgiving

By Dean BakerDean Baker

November 25, 2021

25 Noviembre 2021

For this Thanksgiving we can be happy that the tight labor market is allowing tens of millions of people to have much better pay and working conditions than they had before the pandemic.

• Economic Crisis and RecoveryCrisis económica y recuperaciónEconomic PolicyInflation

The Media’s War Against Biden Over Inflation

By Dean BakerDean Baker

November 24, 2021

24 Noviembre 2021

Inflation is a problem, but we need to look at the issue with clear eyes. There are good reasons for believing that many of the price increases we have seen in recent months are temporary and will be reversed.