Publications

The average hourly wage for production and nonsupervisory workers in leisure and hospitality grew at a 23.7 percent annual rate in the last three months compared with the prior three.

Dean Baker / September 03, 2021

Article Artículo

Coronavirus

Economic Crisis and Recovery

Economic Policy

Workers

Labor Day: US Labor’s Future May Depend on Monetary and Fiscal Policy

Labor Day is a good time to reflect upon how American workers have been doing — especially the majority who have been left behind for most of the past 40 years.

Mark Weisbrot / September 03, 2021

Article Artículo

Economic Crisis and Recovery

Environment

Debt Doesn’t Go Away Just Because Senator Manchin and Others in Washington Choose Not to Think About It

Senator Manchin wants to pretend that this climate debt does not exist. He only wants to look at the debt that comes from the government directly borrowing money.

Dean Baker / September 02, 2021

Article Artículo

Economic Crisis and Recovery

Jobs

Preview: What to Look for in August Jobs Report

Given the sharp drop in the number of unemployed workers on temporary layoff, and the unusually high share of long-term unemployment, we are likely to see job growth closer to 500,000 than the extraordinary pace of the last three months.

Dean Baker / September 01, 2021

Article Artículo

Inequality

Jobs

Workers

Addressing the Unique Labor Market Challenges of Black Men

The best the current American labor market can provide is a huge gap in employment for Black men.

Algernon Austin / September 01, 2021

Article Artículo

Budget

Economic Crisis and Recovery

The Shortage/Glut of Savings: The Which Way Is Up Problem in Economics

To my mind, this is a silly debate, starting with the idea that we should be concerned about inequalities in wealth resulting from low interest rates. That one is a bit hard for me to see.

Dean Baker / September 01, 2021

Article Artículo

Bolivia

Latin America and the Caribbean

Organization of American States

World

New Report on Human Rights Violations in Bolivia in 2019 Sheds Light on the Role of the OAS

A new human rights report clearly identifies the audit of the 2019 elections carried out by the Organization of American States as a major factor that contributed to the political crisis that led to the forced resignation of President Morales.

Guillaume Long / August 27, 2021

Article Artículo

Economic Crisis and Recovery

Does the New York Times Prohibit Its Reporters from Providing Context on Budget Issues?

This article on the $3.5 trillion budget outline didn't mention once that the spending would be over ten years.

Dean Baker / August 25, 2021

Article Artículo

Economic Crisis and Recovery

Inequality

Inflation

Jerome Powell, the Fed and Regulation

Having argued the case for the importance of regulating finance, let me say that I still see it as very much a secondary consideration in the selection of the Fed chair.

Dean Baker / August 25, 2021

Article Artículo

Economic Policy

Government

Haiti

Latin America and the Caribbean

Organization of American States

US Foreign Policy

Haiti Since the 2010 Earthquake: A Review of 11 Years Following the Money

Jake Johnston / August 24, 2021

Article Artículo

Coronavirus

Economic Crisis and Recovery

Denmark and the Case for Optimism on the Pandemic

If the nonsense coming from the vaccine resisters can be effectively countered, we should be able to reach vaccination rates comparable to Denmark’s in the not distant future.

Dean Baker / August 23, 2021

Article Artículo

Jobs

Minimum Wage

The $26 an Hour Minimum Wage

The problem is that we have made many changes to the economy that shifted huge amounts of income upward, so that we cannot support a pay structure that gives workers at the bottom $52,000 a year. This is the whole point of my book, Rigged.

Dean Baker / August 19, 2021

Article Artículo

Economic Crisis and Recovery

Life at the Bottom in Joe Biden’s America

Nominal wages have been rising rapidly for workers at the bottom of the pay ladder in recent months. This has allowed workers in the lowest paying jobs to see substantial increases in real wages, in spite of the uptick in inflation the last few months.

Dean Baker / August 16, 2021

Article Artículo

Environment

Federal Reserve

Cheap Talk from the Fed on Global Warming?

It’s easy for a high-level executive to say that they didn’t pay attention to the rantings of some obscure economist, it’s much harder for them to say they don’t bother looking at what the Fed chair says and the research it publishes.

Dean Baker / August 13, 2021