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They are using their government-granted patent monopolies, and their control over technical information about the production of vaccines, to limit the supply of vaccines available to the world.

Dean Baker / July 18, 2021

Article Artículo

Inequality

Can We Cut the Crap on “Unconstrained Globalized Capitalism”?

I get why the right likes to make it seem that the huge upward redistribution of the last four decades was just the result of the market working its magic, but why do so many liberals feel the need to play along?

Dean Baker / July 18, 2021

Article Artículo

Government

Inequality

Washington Post Has Another Pulitzer Prize Contender in Mind Reading Category, Tells Us Why Republican Senators Don’t Want to Increase I.R.S. Enforcement

Thankfully we have the Washington Post to tell us that the Republican effort to block a crackdown on rich tax cheats had nothing to do with serving their campaign contributors.

Dean Baker / July 18, 2021

Article Artículo

Environment

0.16 Percent of All Workers are Union Members Employed by Utilities

The impact of this pace of job loss in the utility sector would be dwarfed by other factors, like government-granted patent and copyright monopolies or the overall unemployment rate, in determining the extent of inequality in the country.

Dean Baker / July 16, 2021

Article Artículo

Ecuador

Latin America and the Caribbean

World

Nuevo gobierno ecuatoriano se une a poderosos lobbies internacionales para reincorporarse a tratados de inversión prohibidos por la Constitución

Andrés Arauz and Guillaume Long / July 16, 2021

Article Artículo

Latin America and the Caribbean

Peru

World

The Dawn of a New Era in Peru?

Castillo may face daunting challenges but he has already shown impressive political savvy and may turn out to be the leader who will succeed in steering Peru out of the Fujimori era of neoliberalism and conservatism

Alexander Main / July 15, 2021

Article Artículo

Budget

Economic Crisis and Recovery

Health and Social Programs

If We Can Bail Out Wall Street, We Can Invest in Our Children

Unlike previous recovery policies, such as the Wall Street Bailout, a childcare policy would help reduce inequality and increase the welfare of children and a portion of the labor force that has too often been overlooked: mothers.

Clara Wilson and Pryce Davies / July 14, 2021

Article Artículo

Ecuador

Globalization and Trade

Latin America and the Caribbean

New Ecuadorian Government Teams Up with Powerful International Lobbies to Rejoin Investment Treaties Prohibited by the Constitution

Investor-state dispute settlement (ISDS) allow foreign capitalists to run roughshod over the rights of Ecuadorians.

Guillaume Long and Andrés Arauz / July 14, 2021

Article Artículo

Economic Crisis and Recovery

Inflation

Overall CPI Up 0.9 Percent in June Driven by Bounce Back and Cars

Cars alone account for more than half of inflation. A big jump in car and energy prices pushes the core and overall CPI up 0.9 percent in June.

Dean Baker / July 13, 2021

Article Artículo

The Bureau of Labor Statistics Counted Only Eight Strikes in 2020, Payday Report Counted 1,200

Payday Report’s COVID-19 Strike Wave Interactive Map, launched at the beginning of the pandemic in March 2020, began using news and social media accounts of workers walking off the job in protest as a measure of strike activity.

Clarissa A. León and Mike Elk July 13, 2021

Article Artículo

Economic Crisis and Recovery

New York Times Goes to Looney Tunes Land On the Fed

This is bizarre, because people who read the news section of the NYT would know that workers have more bargaining power in the economy right now than at any point since at least the late 1990s.

Dean Baker / July 12, 2021

Article Artículo

Economic Crisis and Recovery

News for Washington Post: People Don’t See Economic Growth, they Read About it in the News

If the economy is in fact growing slowly in 2023, as currently projected, people will only be aware of this fact because news outlets and politicians choose to highlight it.

Dean Baker / July 12, 2021

Article Artículo

Haiti

US Foreign Policy

EXCLUSIVE: Head of Haiti’s Palace Guard Subject of US Law Enforcement Investigation into Arms Trafficking

Jake Johnston / July 09, 2021

Article Artículo

Economic Crisis and Recovery

Invented Inflation: A Big Part of the Real Inflation of the 1970s

In the 1970s, actually in the late 1960s also, the Consumer Price Index (CPI) had an error in its construction that led it to overstate the rate of inflation relative to the current measure.

Dean Baker / July 09, 2021

Article Artículo

Economic Crisis and Recovery

Inflation

PREVIEW: What to Look for in the June Consumer Price Index

Prices in June will still be correcting from the sharp plunges in many areas during the pandemic. This means. . .large price increases in hotels, airfares, and apparel, with prices in all three sectors well below their pre-pandemic level.

Dean Baker / July 08, 2021

Article Artículo

Economic Crisis and Recovery

Coming to Grips with Inflation Fears

The difference between the view that the adjustment process will...involve some inflation, and the inflation hawks’ view...is whether the inflationary pressures are likely to be enduring. The latest evidence supports a temporary disruption.

Dean Baker / July 08, 2021

report informe

Globalization and Trade

World

World Trade Organization

Las Reglas del Comercio Digital

Una nueva y desastrosa constitutión para la economía mundial, concebida por y para las grandes tecnológicas

Deborah James / July 08, 2021

Article Artículo

Economic Crisis and Recovery

Consumer Sentiment and Economic Recovery During Periods of Economic Relief Spending and Stimulus

A successful recovery is not one that solely benefits high-income households and white individuals. Rather, a successful recovery is an equitable, fair recovery.

Aiden Lee / July 07, 2021

Article Artículo

Buying Democracy in a Good Way

Democrats can get around a Republican filibuster on voting rights: make it about money.

Dean Baker / July 07, 2021

Article Artículo

Globalization and Trade

World

Las reglas del comercio digital

Las normas propuestas permitirían a las grandes empresas acelerar su apropiación de la productividad de los/as trabajadores/as y las pequeñas empresas en todos los países, lo cual es una característica de la economía mundial contemporánea.

Deborah James / July 07, 2021

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