April 04, 2021

04 Abril 2021

The March jobs report gives us good news on the other key factor in the inflation story: productivity growth.

• Economic Crisis and RecoveryCrisis económica y recuperación

More Cheap Fun: Comparing Job Growth Under Trump and Biden After Two Months

By Dean BakerDean Baker

April 02, 2021

02 Abril 2021

As we can see, after two months, Biden has created 1,384,000 jobs. In four years, Trump lost 2,876,000 jobs.

• Economic Crisis and RecoveryCrisis económica y recuperaciónEconomic GrowthEl DesarolloGovernmentEl GobiernoIntellectual PropertyPropiedad Intelectual

Quick, How Much Is $2 Trillion?

By Dean BakerDean Baker

March 31, 2021

31 Marzo 2021

The spending is supposed to take place over eight years, which means that it would be equal to just over 0.8 percent of projected GDP over this period.

• Affordable Care ActGlobalization and TradeGlobalización y comercioInequalityLa DesigualdadIntellectual PropertyPropiedad Intelectual

Free Trade and Free Taxes: How Our Intellectuals Help the Rich

By Dean BakerDean Baker

March 30, 2021

30 Marzo 2021

The class bias in these debates are immense. If we ever hope to counteract them, acknowledging them is the first step.

• Intellectual PropertyPropiedad Intelectual

More on Open-Source Versus Patent Monopoly Financing of Drug Development

By Dean BakerDean Baker

March 24, 2021

24 Marzo 2021

Open-source, publicly funded, research radically alters the structure of incentives. The incentive is to try to have research results spread as widely and quickly as possible in the hope that others can build on them.

More About Me, for Anyone Who Feels the Need

March 23, 2021

23 Marzo 2021

You can get the story here.

• Economic Crisis and RecoveryCrisis económica y recuperaciónIntellectual PropertyPropiedad Intelectual

The Debt Whiners: Fools or Liars?

By Dean BakerDean Baker

March 22, 2021

22 Marzo 2021

The debt whiners are fond of telling stories about how the debt is a burden on our children, or how the debt can lead to financial crisis and other bad things, but these claims are inventions not economic realities.

• COVID-19CoronavirusInequalityLa DesigualdadIntellectual PropertyPropiedad Intelectual

New York Times Does Public Relations Work for the Pharmaceutical Industry

By Dean BakerDean Baker

March 21, 2021

21 Marzo 2021

If the reporters/editors had read their piece, they would know that the companies in question had already made large profits, through being paid directly for their research and building manufacturing facilities.

• Economic GrowthEl Desarollo

New York Times Debates When It Will Tell Readers that China Has the World’s Largest Economy

By Dean BakerDean Baker

March 20, 2021

20 Marzo 2021

China already has the world's largest economy using purchasing power parity measures of GDP, which is what most economists view as the best basis of comparison.

• Economic Crisis and RecoveryCrisis económica y recuperación

Cheap Fun Department: Job Growth Under Trump and Biden

By Dean BakerDean Baker

March 20, 2021

20 Marzo 2021

As can be seen, after four years in the White House, Donald Trump had a net loss of 2,943,000 jobs. After one month, Joe Biden has a net gain of 379,000.