Publications

Inflation is a problem, but we need to look at the issue with clear eyes. There are good reasons for believing that many of the price increases we have seen in recent months are temporary and will be reversed.

Dean Baker / November 24, 2021

Article Artículo

Economic Crisis and Recovery

“Skimpflation,” the Latest Effort to Hype Inflation Fears

Inflation is a measure of change in prices. If we want to say that deteriorating service quality and shortages of various items are a source of unmeasured inflation then we have to say that the story is worse today than it was last year or at some prior p

Dean Baker / November 20, 2021

Article Artículo

Economic Crisis and Recovery

Globalization and Trade

International Monetary Fund

World

September Data Shows Countries Continue to Use Special Drawing Rights to Stabilize Their Economies and Address the Pandemic

This post analyzes SDR holdings as reported by the IMF at the end of September and compares them to previous months’ reports.

Andrés Arauz and Kevin Cashman / November 19, 2021

Article Artículo

Economic Crisis and Recovery

Did the Pharmaceutical Industry Buy Senator Sinema a Fluff Piece in the Washington Post?

The headline of the piece features her quote, “no one tells me what to do,” when in fact there is ample evidence that the pharmaceutical industry and rich contributors tell her exactly what to do.

Dean Baker / November 19, 2021

Article Artículo

Chile

Latin America and the Caribbean

World

Chile’s Upcoming Election and Constitutional Convention are Chances for Change

The winner of Sunday’s presidential elections -- and the subsequent second round -- will largely determine how impactful a new constitution could be, as it would be enacted during their time in office

Annee Lorentzen / November 18, 2021

Article Artículo

NYT Gives Steven Rattner a Victory Lap on Inflation Prediction

Dean Baker / November 17, 2021

Article Artículo

Economic Crisis and Recovery

Inequality

Jobs

Workers

Recognizing Native American Frontline Workers

A just and inclusive recovery requires a commitment to visibility and equitable access to essential services, along with a level of investment in Native American communities that is commensurate with what they are legally owed.

Hayley Brown and Shawn Fremstad / November 17, 2021

Article Artículo

Inequality

Poverty

Native Americans Need to Be Included in Annual Census Reports on Income and Poverty

The Census Bureau should report income and poverty data for Native Americans in its annual reports on income and poverty starting in September 2022.

Julie Yixia Cai and Shawn Fremstad / November 16, 2021

Article Artículo

Environment

Workers

Extreme Temperatures from Climate Change Will Harm Workers

Policies aimed at addressing the harms of climate change on labor must consider the economic impacts, such as decreased labor productivity and monetary economic losses, and the harms to workers’ health.

Anaïs Goubert / November 16, 2021

Article Artículo

Economic Crisis and Recovery

The New Inflation Scare Is the Dumbest Thing Since Voodoo Economics

Elites are sounding the alarm over threats of inflation in order to block Biden’s social spending plan. We shouldn’t fall for it.

Max B. Sawicky / November 16, 2021

Article Artículo

Latin America and the Caribbean

Organization of American States

US Foreign Policy

World

We Need a New Observatory of Democracy in the Americas

The Organization of American States is no longer credible. We need a new body if we are to protect democracy

Guillaume Long, David Adler and / November 15, 2021

Article Artículo

Economic Crisis and Recovery

Environment

Imagine if Stopping Climate Change Was More Important than Making Climate Change Billionaires

We structured the relationship with Moderna so that it was able to profit enormously. Its profits come directly at the expense of lives.

Dean Baker / November 14, 2021

Article Artículo

Economic Crisis and Recovery

The Trucker Shortage: Why Don’t We Let the Market Work?

The market may not always be right, but we should be clear on where we are willing to listen to market signals (given how we have structured it) and when we are not.

Dean Baker / November 11, 2021

Article Artículo

Economic Crisis and Recovery

The Media Discover Real Wages

At the start of the pandemic, many of the lower paid workers lost their jobs, which raised the average wage for people who were still working. This year we are seeing this composition effect in reverse.

Dean Baker / November 11, 2021

Article Artículo

Bolivia

Latin America and the Caribbean

Organization of American States

World

At General Assembly, OAS Role in Bolivia Coup Remains Major Concern

A look at how the OAS, particularly Secretary General Almagro, supported the Áñez government in Bolivia.

Guillaume Long / November 11, 2021

Article Artículo

Growth

Inflation

Big Jumps in Food and Energy Prices Push Inflation Higher in October

The big increases here will be reversed, as is the case now with televisions. There are no grounds for slamming on the brakes at the Fed.

Dean Baker / November 10, 2021

Article Artículo

Economic Crisis and Recovery

Getting High on Inflation

There is no argument about what the numbers show, but the key questions are what caused this rise in inflation and what can be done to bring it down.

Dean Baker / November 10, 2021

Article Artículo

Globalization and Trade

World

Trade and Development Backstory: The Struggle Over the UNCTAD 15 Mandate

Governments and civil society organizations must work together with UNCTAD to provide developing countries the tools — and the transformed governance regimes — they need to “build back better” through these challenging and difficult times.

Deborah James / November 10, 2021

Article Artículo

Growth

Inflation

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

Thus far, inflation in the rent components has been relatively restrained, although that may be changing as rents begin to follow house sales prices upwards.

Dean Baker / November 09, 2021

Article Artículo

Economic Crisis and Recovery

Hot Tip for NYT: Real Average Hourly Wages for Truckers are Down Five Percent Since 1990, Might Affect Driver Shortage

According to new developments in economic theory, it is believed that workers respond to incentives.

Dean Baker / November 09, 2021

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