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
Trump’s Incompetence Leaves Tens of Thousands in Red States Without Power
Trump’s neglect of storm-hit Red States reveals how his attacks on government capacity leave even his own supporters unprotected in disasters.
Unmask ICE!
Masked ICE operations signal a move toward an unaccountable federal enforcement force.
China is Running Out of People, Again
Warnings of an “existential” population crisis in China collapse once productivity growth and basic demographic arithmetic are taken seriously.
Trump Lawsuits: The Most Efficient Grift Ever
Donald Trump’s latest lawsuit underscores how presidential power is being used to extract billions from taxpayers for personal gain.
The AI Bubble #24,736: Consumption Is Outrunning Wages
A growing AI bubble is inflating consumption far beyond wages, setting the stage for a sharp recession when it collapses.
All in On California’s Big Tax on Billionaires
A proposed California wealth tax could raise massive revenue from billionaires, but its real test is whether it can survive avoidance, lawsuits, and deeper structural inequality.
Donald Trump’s $300 Billion Temper Tantrum Over Canada
Trump’s retaliation against Canada could impose one of the largest tax increases in US history, costing households about $2,400 a year.
Doing Well by Doing Good: Dump Your American Stocks
Trump’s instability is raising the risk of a large scale exit from dollar assets, threatening US stocks, bonds, and the dollar itself.
When It Comes to the Stock Market, Trump Is a Loser
Even by Trump’s preferred metric, the US stock market has underperformed most major global markets during his first year in office.
Mark Carney: World Hero
Mark Carney argues that Trump has ended US hegemony and that middle powers must build a new, pragmatic global system centered on trade, climate action, and economic stability.