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 Is Confused Again: He’s Bringing Prices Up
Rising import prices, higher wholesale inflation, and policy-driven cost increases point to mounting inflation pressures that contradict earlier promises to bring prices down.
The Country’s Major Demographic Problem: Too Few People or Too Many
The economy’s shifting story from fears of too few workers to claims of too many older employees crowding out young graduates reveals a fundamental inconsistency in how demographic trends are interpreted.
Free Market Ozempic Will Make a Huge Difference to Tens of Millions of People
The rapid price decline of Ozempic in global generic markets shows that patent protections not manufacturing costs are the main reason prescription drugs remain expensive in the United States.
What Donald Trump’s Iran “Excursion” Cost Our Former Allies
The war with Iran is portrayed as an economic shock to US allies—raising energy costs, straining economies, and offering little clear benefit—undermining claims that other countries should be thankful for the conflict.
$200 Billion for Trump’s Iran “Excursion” Is Real Money
Trump’s proposed $200 billion for war in Iran represents a significant share of the federal budget, far exceeding commonly debated spending items and highlighting how misleading raw dollar figures can be without context.
Are The Biden and Trump Economies the Same?
While short-term economic data may appear similar, key differences in inflation, labor market strength, affordability pressures, and long-term policy choices suggest the Trump and Biden economies are meaningfully different.
The “Fraud” Fraud
The new anti-fraud push led by JD Vance is portrayed as politically driven, relying on exaggerated claims that don’t align with the actual scale of the federal budget or national debt.
The Biden Boom and Trump Slump: A Serious Comparison of the Two Economies
The Trump administration claims that the economy is “roaring like never before” after the “nightmare” they inherited from the Biden administration. But the numbers tell a very different story.
The AI Bubble, Like the Housing Bubble, Is a Big Problem and It’s Not Complicated
Like the housing crash, today’s AI bubble driven by inflated expectations and stock valuations poses a major risk to the broader economy when it bursts.
Trump Agrees with Mark Carney: The Old Order is Very Dead
Trump’s unilateral war on Iran signals the end of the U.S.-led world order and forces allies to reconsider security, trade, and global partnerships.