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
Bursting the AI Bubble: The Fed Could Take Away the “Who Could Have Known?” Defense
One possible way to deflate the AI bubble: The Fed could assign some economists to assess the state of the stock market.
Wall Street Says That a Company That Loses Billions is Worth Trillions
A venture that loses billions of dollars and is run entirely by a person who routinely says crazy things doesn’t sound like a trillion-dollar company, but Wall Street seems to think otherwise.
Charles (a.k.a. “The Leaker”) Littlejohn: American Hero
If Donald Trump actually wants to compensate someone whose prosecution was politically motivated, he could look no further than the guy who leaked his tax return.
Mostly Economics – Episode 35
Dean Baker sits down with Amy Hanauer, Executive Director of the Institute on Taxation and Economic Policy, to expose how loopholes like carried interest were deliberately built to protect fortunes and make working people foot the bill.
Forget Citizens United: Think Media
Concentrated billionaire ownership of media, not just campaign spending after Citizens United v. FEC, is becoming one of the biggest threats to democratic politics and independent news.
Reforming Bankruptcy Laws: Getting Tough on Private Equity Deadbeats
The rules governing bankruptcy and taxes are deliberately structured to protect firms like Bain Capital and KKR, allowing private equity to build enormous fortunes while shifting the costs onto everyone else.
Kevin Warsh’s First Meeting as Fed Chair
Kevin Warsh may face a humiliating first Fed meeting if he pushes Trump’s rate cuts against the rest of the committee.
Waiting for the AI Bubble to Burst: Great Collapses of the Past
Past tech and housing crashes suggest that if the AI bubble bursts, economists will likely miss the warning signs again.
Idiot Speak: Elon Musk’s Plans for Gutting Social Security and a Universal High Income
Elon Musk’s calls for a universal high income contradict his repeated claims that the government cannot afford Social Security and Medicare.
Import Prices Soar: Trump Says Exporters Too Low IQ to Eat the Tariffs
Trump’s tariffs raised import costs and consumer prices, disproving claims that foreign exporters would absorb the burden.