Publications

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Climate Change

Globalization and Trade

IMF

Sanctions

Special Drawing Rights

World

Special Drawing Rights: The Right Tool to Use to Respond to the Pandemic and Other Challenges

Evidence from the Recent $650 Billion Allocation of Special Drawing Rights Shows Countries Made Social and Economic Gains, Supports An Additional Allocation in the Near Future

Kevin Cashman, Andrés Arauz and Lara Merling / April 20, 2022

Article Artículo

Intellectual Property

Corruption in Drug Patents: Take Away the Money

It’s great to see the New York Times recognize the abuses of the patent system. It would be even better if it opened its pages to discussion of alternative mechanisms for financing innovation.

Dean Baker / April 18, 2022

Article Artículo

Repealing Section 230 to Downsize Facebook and Twitter

There is no good reason that Internet intermediaries should be exempt from the same sort of liability for spreading defamatory statements as print or broadcast media.

Dean Baker / April 16, 2022

Article Artículo

Economic Crisis and Recovery

The Wall Street Journal Doesn’t Have Access to Data from the Bureau of Labor Statistics

So, where does the Wall Street Journal see its millions of missing workers?

Dean Baker / April 16, 2022

Article Artículo

Argentina

Ecuador

IMF

Latin America and the Caribbean

Surcharges

World

The Gendered Impacts of the IMF’s Harmful Surcharges Policy

The IMF’s launch of its much-publicized new gender strategy, while its surcharge policy remains intact, should be seen for what it is: hypocrisy.

CEPR and Christina Laskaridis / April 15, 2022

Article Artículo

Economic Crisis and Recovery

Intellectual Property

Fighting Inflation the Fun Way: Starting at the Top

If we want to reduce inflationary pressures there are a whole set of policies that would lower the incomes of people at the top of the income ladder. Unfortunately, we are not likely to go this route.

Dean Baker / April 14, 2022

Article Artículo

Special Drawing Rights

US Foreign Policy

World

Righting the Record: Claims that SDRs “Help US Enemies” Are Baseless

Sanctioned countries like Russia have not, and almost certainly, will not be able to use their SDRs.

Michael Galant / April 14, 2022

Article Artículo

Economic Crisis and Recovery

Correcting the NYT: Excluding Gasoline, Retail Sales FELL in March

Contrary to the picture presented by the headline, the data released by the Commerce Department today suggest a rapidly slowing economy.

Dean Baker / April 14, 2022

Article Artículo

Economic Crisis and Recovery

High Gas Prices Are Donald Trump’s Fault

According to Trump, he worked out a deal where OPEC producers would all agree to reduce their output.

Dean Baker / April 14, 2022

Article Artículo

Economic Crisis and Recovery

If Wage Growth Is Driving Inflation, Why Is Workers’ Share of Income Falling?

It is very hard to make the wage-price spiral inflation story from the 1970s fit the current situation for a simple reason: the wage share of income has fallen sharply since the pandemic.

Dean Baker / April 13, 2022

Article Artículo

Economic Crisis and Recovery

United States

Gas Prices Add Punch to Inflation Jump in March

The overall CPI story is mixed. The March figure is very bad, but we know some prices, most importantly gas, will be reversed in April. Food prices are still driven by higher shipping costs and supply chain disruptions.

Dean Baker / April 12, 2022

Article Artículo

Latin America and the Caribbean

US Foreign Policy

Venezuela

The Venezuela Coup, 20 Years Later

The enduring legacy of Venezuela’s short-lived 2002 coup d’etat, and the subsequent countercoup, for US-Latin American relations

Dan Beeton / April 12, 2022

Article Artículo

Health and Social Programs

Intellectual Property

United States

Costly Big Business Favors Almost No One Knows About

Corporations hold enormous political power on the obscure issues that almost no one follows but nonetheless have an enormous impact on our economy.

Dean Baker / April 12, 2022

Article Artículo

Economic Crisis and Recovery

United States

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

Will inflation accelerate or slow down? That’s the most important new information to watch for in the March report.

Dean Baker / April 11, 2022

Article Artículo

COVID-19

Economic Crisis and Recovery

Inequality

Paul Krugman, China, mRNA Vaccines, and Right-Wing Populism

It is our policy on technology that drives inequality, it is not the technology.

Dean Baker / April 10, 2022

Article Artículo

Washington Post Columnists Badly Need to Learn About Corporate Power

Corporations hold enormous political power on obscure issues that almost no one follows, but nonetheless have an enormous impact on our economy. This is what the left is upset about in complaining about the excessive power of large corporations.

Dean Baker / April 08, 2022

Article Artículo

New York Times News Article Endorses Macron for Reelection in France

The weakness of France's recovery can be seen...by looking at the employment rate for prime age workers.

Dean Baker / April 08, 2022

Article Artículo

Globalization and Trade

Being a Bit Serious About Oil Prices

We have a world oil market...many Republican politicians are running around saying that if we just produced more oil here, we wouldn’t have to worry about high gas prices. The numbers indicate otherwise.

Dean Baker / April 07, 2022

Article Artículo

Economic Crisis and Recovery

The Biden and Reagan Booms

I’m an economist, not a psychologist, I don’t know how people form their views of the economy. But I can say that the media have not been giving an accurate picture of the economy, nor one that is consistent with their reporting during the Reagan era.

Dean Baker / April 07, 2022

Article Artículo

Environment

United States

Antienvironmentalists in Never-Never Land: The Lake Powell Pipeline

We will have problems maintaining energy production from the dam even without the LPP. If we were to build the LPP, we would very quickly need another energy source for 5 million people in the area.

Dean Baker / April 04, 2022

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