Publications

Profit Share of Corporate Income Falls In Pandemic

In spite of the high unemployment in 2020, the wage share actually rose slightly.

Dean Baker / June 01, 2021

Article Artículo

China’s Demographic Crisis

Even modest rates of productivity growth will easily offset the impact of a declining ratio of workers to retirees that China is expecting over the next quarter century.

Dean Baker / May 31, 2021

Article Artículo

The Booming Economy and Debt and Deficit Fears

It turns out that we didn’t have as much to fear from higher interest rates as advertised.

Dean Baker / May 30, 2021

Article Artículo

Unemployment Benefits and Summer Workers: Contrary to What the WaPo Tells You, They Aren’t Getting $1,000 a Week

If we use the $404 as a rough average, a worker could be getting $242 from their regular benefit, which would translate into $542 with the federal supplement.

Dean Baker / May 30, 2021

Article Artículo

Uber Drivers in New York City Do Not Net $37 an Hour

It is important to note that this is a gross figure. It does not subtract expenses like gas, insurance, and depreciation on the driver's car.

Dean Baker / May 29, 2021

Article Artículo

Beefing Up Inflation Fears at the Washington Post

The long and short of it is that there is zero real story here of soaring food prices.

Dean Baker / May 29, 2021

Article Artículo

Hey Kids, Tax Increases are Supposed to Slow Growth

The tax increases pull money out of the economy . . . so as to relieve inflationary pressures. Slower growth is not an unfortunate side effect of the tax increases, it is the point.

Dean Baker / May 28, 2021

Article Artículo

Intellectual Property

Debts, Deficits, and Patent Monopolies

At the most basic level, we have to understand that patent (and copyright) monopolies are a way the government pays for things it wants.

Dean Baker / May 27, 2021

report informe

Environment

Workers

The Employment Impact of Curtailing Fossil Fuel Use

Cutbacks in the use of oil and natural gas will inevitably lead to job loss in these industries. This study projects the amount of displacement that can reasonably be anticipated.

Dean Baker and Aiden Lee / May 26, 2021

Article Artículo

Workers

Ripping Away Enhanced Unemployment Benefits Will Disproportionately Harm Working-Class Moms

Without reliable child care or safe working environments, mothers stay home with the kids instead of going back to work

Hayley Brown / May 26, 2021

Article Artículo

The New York Times Says 200,000,000 People Have Been Infected with Covid in the United States (sort of)

Its central estimate assumes a case fatality rate of 0.3. This means that for every thousand people who get infected, three will die.

Dean Baker / May 26, 2021

Article Artículo

Larry Summers Is Concerned About Inflation, Again

Everyone knew these big price jumps were coming, so they really should not be cause for panic.

Dean Baker / May 24, 2021

Article Artículo

Intellectual Property

Vaccinating the World: If We Had Grown Ups in Charge

Why ask a question that could jeopardize the profits of some of the world’s largest corporations?

Dean Baker / May 23, 2021

Article Artículo

Economic Growth

Republicans Reject Biden Proposal to Spend an Amount Equal to a Quarter of the Military Budget on Infrastructure

The piece never bothered to tell readers the number of years over which this money would be spent. Eight is the magic number.

Dean Baker / May 21, 2021

Article Artículo

Population Growth and the Which Way Is Up Problem in Economics

Instead of having too much demand, it looks like we will have too little demand. We will actually need the government to run large deficits to keep the economy close to full employment.

Dean Baker / May 17, 2021

Article Artículo

Intellectual Property

Hot Tip for the NYT on Vaccines: There Are These Two Countries Called Russia and China

The place where this NYT piece goes seriously off the rails is that it completely ignores the vaccines developed by Russia and China.

Dean Baker / May 15, 2021

Article Artículo

Private Equity

Is a Private Equity Club Deal Coming to a Pension Fund Near You?

Partnerships between private equity firms to buy large enterprises have historically turned out very badly.

Eileen Appelbaum / May 14, 2021

Article Artículo