October 20, 2021

20 Octubre 2021

Wealth as a bookkeeping entry should be largely a matter of indifference to the rest of us. When the super-rich pull away large amounts of resources for their fun and games, that is a big problem.

• Economic Crisis and RecoveryCrisis económica y recuperaciónIntellectual PropertyPropiedad Intelectual

The National Debt and Patent/Copyright Monopolies

By Dean BakerDean Baker

October 18, 2021

18 Octubre 2021

Any serious discussion of the burden of the debt must also talk about the trillions of dollars of patent and copyright rents that the government is committing the country to when it grants these monopolies.

• Economic Crisis and RecoveryCrisis económica y recuperaciónWall StreetEl Mundo Financiero

If This is a Wage-Price Spiral, Why Are Profits Soaring?

By Dean BakerDean Baker

October 16, 2021

16 Octubre 2021

It hardly seems as though businesses are being forced by costs to push up prices. It instead looks like they are taking advantage of presumably temporary shortages to increase their profit margins.

• Economic Crisis and RecoveryCrisis económica y recuperaciónInequalityLa Desigualdad

Jerome Powell and the Federal Reserve Board

By Dean BakerDean Baker

October 15, 2021

15 Octubre 2021

What we are seeing right now is a Federal Reserve Board that is doing the right thing in the face of the hysteria of its critics. The critics want to see it move rapidly to slow the economy so that they can again get good help cheap.

• Economic Crisis and RecoveryCrisis económica y recuperaciónJobsTrabajosWorkersSector del trabajo

The High-Paid Media Types Are Unhappy Workers Are Getting Higher Pay

By Dean BakerDean Baker

October 14, 2021

14 Octubre 2021

After decades of wage stagnation for those at the middle and the bottom of the wage ladder, it’s good to see some real progress for at least some low-paid workers.

• COVID-19CoronavirusIntellectual PropertyPropiedad Intelectual

The Preventable Horrors of the Pandemic and the Short Case for Open Research

By Dean BakerDean Baker

October 11, 2021

11 Octubre 2021

In general, and in a global health emergency in particular, we should be looking to share technology as widely as possible, not locking it up behind patent monopolies and other protections.

• JobsTrabajosUnited StatesEE. UU.WorkersSector del trabajo

Cheap Fun Saturday: Job Growth Under Biden and Trump

By Dean BakerDean Baker

October 09, 2021

09 Octubre 2021

So, for the Trump crew, it now stands that Biden has created 4,797,000 jobs in his first eight months in office, compared to a loss of 2,876,000 jobs in the four years of Donald Trump's presidency.

• Economic Crisis and RecoveryCrisis económica y recuperación

Econ 101 for the “It’s Hard to Get Good Help” Crowd at the Washington Post

By Dean BakerDean Baker

October 09, 2021

09 Octubre 2021

Any good economist can quickly recognize the "it's hard to get good help" cry of the privileged.

• Economic Crisis and RecoveryCrisis económica y recuperaciónGlobalization and TradeGlobalización y comercio

Building Back Better and the September Jobs Report

By Dean BakerDean Baker

October 09, 2021

09 Octubre 2021

The problems that are most apparent in this report indicate the urgency of many of the items in Biden’s agenda. Our senators and congresspeople should give them serious thought.

Shouldn’t Biden Be Thanking China for Not Following Through on the Purchase Commitments in Its Trump Trade Deal?

By Dean BakerDean Baker

October 05, 2021

05 Octubre 2021

With widespread supply chain problems due to the pandemic and unusual weather conditions, additional sales to China might well have caused even greater bottlenecks in the effort to meet domestic demand.