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Neoliberal types are just fine with all sorts of government interventions that redistribute income upward. They just get upset when the government intervenes in ways that redistributes from those on top to the rest of us.

Dean Baker / 06/19/2022 2:06pm

Article Artículo

Economic Crisis and Recovery

Washington Post Goes Full Looney Tunes in Whipping Up Recession Hysteria

If Washington Post reporters and editors had access to the Washington Post, they would know that the Federal Reserve Board was ostensibly worried about the economy growing too rapidly, thereby triggering inflation.

Dean Baker / 06/19/2022 6:10am

Article Artículo

Private Equity

Wall Street

Private Equity Funds’ Claims of Strong Performance Are Based on a Mirage

Investors should not be fooled by the myth that private equity investments provided outsized returns over the last 13 years.

Eileen Appelbaum and Jeffrey Hooke / 06/17/2022 2:45pm

Article Artículo

Colombia

Globalization and Trade

Latin America and the Caribbean

Organization of American States

Sanctions

US Foreign Policy

World

Summit of the Americas Underlines Widespread Discontent with U.S. Policy Generally

Criticisms of the United States and OAS underlined the need to revive regional integration initiatives independent of U.S. influence.

Alexander Main / 06/17/2022 11:00am

Article Artículo

Growth

International Monetary Fund

Let’s Count What Really Matters

Regularly tracking four alternative economic indicators would provide a very different view of comparative performance from the one that emerges from GDP-based analysis.

Jayati Ghosh / 06/16/2022 11:13am

Article Artículo

Health and Social Programs

Inequality

Only Radical Changes Will Make Rents Affordable

The US needs to adopt European-style social housing and also make rental assistance an entitlement.

Algernon Austin / 06/16/2022 11:00am

Article Artículo

Economic Crisis and Recovery

Economic Policy

Will CNN Put Donald Trump Back in the White House?

The network’s coverage of the economy has been inflation, inflation, inflation 24-7. But inflation is not the whole story of the economy. We also have unemployment that is near 50-year low. That is a really big deal.

Dean Baker / 06/16/2022 9:00am

Article Artículo

Inequality

LGBTQ+

Children Raised by Same-Sex Parents are Thriving

New generation of research consistently shows that children raised by same-sex parents do at least as well as children raised by different-sex parents.

Shawn Fremstad / 06/15/2022 9:35am

report informe

Colombia

Elections

Latin America and the Caribbean

Sanctions

What’s at Stake in Colombia’s Presidential Election: Building Peace, Reducing Poverty and Inequality

This paper looks at some of the most important issues that could be decided in Colombia’s June 19 presidential election runoff.

Guillaume Long, Mark Weisbrot, Francisco R. Rodríguez and Joe Sammut / June 15, 2022

report informe

Colombia

Elections

Latin America and the Caribbean

World

Lo que está en juego en las elecciones presidenciales de Colombia: Construir la paz, reducir la pobreza y la desigualdad

El presente informe analiza algunos de los temas cruciales en juego de cara a la segunda vuelta de las elecciones presidenciales de Colombia del 19 de junio.

Guillaume Long, Mark Weisbrot, Francisco R. Rodríguez and Joe Sammut / June 15, 2022

Article Artículo

Economic Crisis and Recovery

How Do We Get a Wage-Price Spiral When Wage Growth Is Slowing?

The pattern of wage-growth we are seeing is not consistent with a wage-price spiral story. The Fed would be making a bad mistake if it raises rates as though it were responding to one.

Dean Baker / 06/12/2022 10:00am

Article Artículo

Inequality

Socialism Ain’t What It Used to Be: Ezra Klein Interview with Bhaskar Sunkara

Liberal/left parties around the world in recent decades, have not only often supported policies that weakened unions, but they have also supported policies that directly redistribute money from the traditional working class to people with more education.

Dean Baker / 06/11/2022 7:00am

Article Artículo

Economic Crisis and Recovery

The Not Very Good May Price Report

It’s pretty hard to be happy about the May CPI report. It means lower real wages for workers and is another big piece of uncertainty in an economy shaking from both the pandemic and the war.

Dean Baker / 06/10/2022 6:30pm

Article Artículo

Globalization and Trade

World

Why It Matters What’s Going on Right Now at the WTO

After many postponements, the 12th Ministerial Conference (MC12) of the World Trade Organization (WTO) will take place June 12–15, 2022, in Geneva.

Deborah James / 06/10/2022 11:55am

Article Artículo

Economic Crisis and Recovery

Soaring Food and Energy Prices Drive Inflation Higher in May

Bad news. Soaring energy and food prices, largely due to the Ukraine war, will hit consumers hard. A cease fire could make a big difference.

Dean Baker / 06/10/2022 10:20am

Article Artículo

Washington Post Says Most Americans’ Economic Models Project Uptick in Inflation

With the media’s coverage of the economy focusing almost exclusively on inflation, it is not surprising that most people would expect inflation to pick up.

Dean Baker / 06/09/2022 11:34am

Article Artículo

Gun Violence Prevention

Inequality

Black Children are Disproportionately Harmed by Extremist Gun Rights Policies in the US

The US is a toxic country as far as gun violence is concerned, particularly for Black people. Only when US politicians are committed to common sense gun safety policies will we see any change.

Algernon Austin / 06/08/2022 12:10pm