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
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.
Keeping Score: The United States and China
China’s economy has expanded much more than the US economy since Trump took office, increasing its lead in global output.
Mostly Economics – Episode 34
Today’s episode is about the US-Israel war on Iran, its legitimacy and the economic impacts on people in the US. Our guest, Matt Duss, is the Executive Vice President at the Center for International Policy, former foreign policy advisor to Senator Bernie Sanders, and co-host of Un-Diplomatic Podcast.
The Perfect Gift for Trump’s Friends in the Oil Industry: A Windfall Profits Tax
A windfall profits tax would let Americans share in the oil industry’s huge gains from the Iran war.
Trump Accounts and the No Economist Left Behind Test
Social Security privatization depends on stock return projections that only work if market valuations rise to implausible levels for decades.
AI Won’t Necessarily Lead to Mass Unemployment: The Case of the Financial Industry
AI may create new, often wasteful industries that generate jobs rather than causing mass unemployment.
Citizens United, Buckley v. Valejo, and Media Ownership: Turning Money into Power
Billionaires maintain political power not just through campaign spending, but through growing control of media and social media platforms.