Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare, and European labor markets. His blog, Beat the Press, provides commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic, The Washington Post, the Financial Times (London), and the New York Daily News. Dean received his BA from Swarthmore College and his PhD in economics from the University of Michigan.
Dean has written several books, including Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research, 2013); The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research, 2011); Taking Economics Seriously (MIT Press, 2010), which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press, 2010), about what caused — and how to fix — the 2008–2009 economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to catastrophic — but completely predictable — market meltdowns. He also wrote a chapter (“From Financial Crisis to Opportunity”) in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network, 2009). His previous books include The United States Since 1980 (Cambridge University Press, 2007), The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press, 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year.
Among his numerous articles are “The Benefits of a Financial Transactions Tax,” Tax Notes 121, no. 4 (2008); “Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence” (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society 2, no. 1 (2007); “Asset Returns and Economic Growth,” with Brad DeLong and Paul Krugman, Brookings Papers on Economic Activity (2005); “Financing Drug Research: What Are the Issues,” Center for Economic and Policy Research (2004); “Medicare Choice Plus: The Solution to the Long-Term Deficit Problem,” Center for Economic and Policy Research (2004); “Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services,” Center for Economic and Policy Research (2003); and “The Run-Up in Home Prices: Is It Real or Is It Another Bubble?,” Center for Economic and Policy Research (2002).
Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the US Congress, and the OECD’s Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review, from 1996 to 2006.
All from Dean Baker
Jobs Day Eve
Manufacturing employment is falling, wage growth is weakening, and several labor market indicators point to growing economic strain.
Will Trump Rx Help Patients?
Trump’s long-awaited drug discount program is an exercise in personal branding that doesn’t translate into meaningful savings.
The Dollar is a Reserve Currency, not the Reserve Currency
The dollar’s potential decline is not a crisis, as multiple currencies serve as reserves, and its value is primarily influenced by investor confidence rather than its role in global trade.
January 2026 Jobs Preview: What to Expect
The January 2026 jobs report will likely confirm a gradually weakening labor market, with modest job growth, steady unemployment, and benchmark revisions that erase much of 2025’s gains.
Trump Rx: It Doesn’t Help Patients, but Gets Trump’s Name on Something (see correction)
Trump Rx is a branding exercise that leaves patients paying more for drugs while delivering no real savings.
Oren Cass Uses Good Economics in Attacking Finance in NYT
The US financial sector has grown far beyond what efficiency requires, creating massive waste that sensible reforms could sharply reduce.
Justifying High Drug Prices: The Bozos Who Run Jeff Bezos’ Opinion Page
The Washington Post’s defense of high drug prices ignores basic arithmetic showing patent monopolies mainly enrich executives and investors, not medical research.
Thoughts on the Delayed SCOTUS Ruling on Trump’s Tariffs
The Court’s pause likely signals concern about how future Trump tariffs should be handled during litigation, not doubt about striking them down.
The Two Big Revisions in the Jobs Data: Fewer Jobs and Fewer People
Over the next two months, the Bureau of Labor Statistics will publish statistical revisions that will have a major effect on what we know about the economy.
Donald Trump Says His Team are Total Morons: Can’t Find Millions of Illegal Voters
The Trump–Musk theory of mass non-citizen voting collapses under basic logic and overwhelming evidence.