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
A $600 Billion Increase for the Military is a Ton of Money
Trump’s massive military budget proposal highlights how enormous spending increases often go underexamined without meaningful context.
The Stock Market is Not Your Friend
Stock market gains driven by higher profit shares benefit a minority of investors, while most workers would be better off with higher wages instead.
Land Value Taxes and Progressive Property Taxes: Two Great Taxes that Go Great Together!
A land value tax avoids distorting incentives but can be regressive, making a combined approach with progressive property taxes a more balanced solution.
Are the Republicans Killing You?
Americans in Republican-led states live significantly shorter lives than those in Democratic states, highlighting major health disparities.
Inflation Is a Process
Recent inflation reflects temporary shocks and rising profits, not a lasting structural shift in the economy.
A Quick Visit to the Housing Market
March data show a weakening housing market even before rising rates, though slower price growth and higher wages are beginning to ease affordability pressures.
Support and Strengthen Social Security
Social Security is an incredibly successful program that can be updated for long term sustainability.
Make Taxes Progressive and Collectable
Over the last half century, our tax system has become less progressive. There are simple ways to fix this to ensure that the rich pay their fair share.
The People of Hungary Throw Out the Fascists
In a decisive electoral upset, Hungarian voters ousted Viktor Orbán despite years of entrenched power, signaling a rejection of authoritarian-style governance.
A Quick Note on the AI Bubble: Either the Market or Arithmetic is Wrong
If Chinese AI providers can deliver similar output at a fraction of the cost, current US AI valuations may not add up.