Publications

How to Make Joe Biden’s Budget Better Part II: Public Investment and the Green New Deal — Do Everything!

In Part I of this series, we addressed two of the immediate needs facing the Federal Government: cash assistance to individuals, and to state and local governments. Here in Part II, we confine our discussion to public investment, narrowly defined.

Max B. Sawicky / February 03, 2021

Article Artículo

Economic Policy

The Price of Wheat Doesn’t Tell Us About the Strength of the Economy and Neither Does the Stock Market: Why Is This so Hard for Intellectual Types to Understand?

The stock market is not designed to tell us about the economy. It tells us about after-tax corporate profits: Full Stop.

Dean Baker / February 03, 2021

Article Artículo

Jobs

PREVIEW: What to Look for in the January Jobs Report

Workers

The continued surge in coronavirus cases will again be the main story in the January employment report.

Dean Baker / February 02, 2021

Article Artículo

COVID-19

Dealing with a Pandemic as If Human Lives Mattered

Conclusion – The World Has Messed Up Big Time in Dealing with the Pandemic

Dean Baker / February 02, 2021

Article Artículo

Honduras

Latin America and the Caribbean

Mexico

US Foreign Policy

Will Biden Get Serious about Addressing Root Causes of Displacement and Migration?

New executive orders provide little assurance that the Biden administration will truly address “root causes” of displacement and migration from Central America.

Dan Beeton / February 02, 2021

Article Artículo

The Robinhood/GameStop “Scandal”

I have to admit, I don't quite see the scandal here.

Dean Baker / January 31, 2021

Article Artículo

Financial Transaction Tax

The GameStop Game and Financial Transactions Taxes

This episode should help us to see the stock market with open eyes. Much of what takes place there is clearly gambling. We let people gamble in other contexts, but we tax it. There is no reason we shouldn’t tax it on Wall Street.

Dean Baker / January 29, 2021

GDP Byte Artículo

Economic Growth

Four Percent Fourth Quarter Growth Leaves GDP 2.5 Percent Below Year-Ago Level

Consumption spending has been contracting over the course of the fourth quarter

Dean Baker / January 28, 2021

Article Artículo

CEPR News: The Fierce Urgency of Now

World

CEPR News for January 28, 2021

Dan Beeton / January 28, 2021

Article Artículo

Quick Thoughts on the “Evils” of Share Buybacks

The moral of the evil buyback story ... [is] that we need to crack down on CEOs ripping off their companies and bring their pay down to earth.

Dean Baker / January 28, 2021

Article Artículo

Quick Thoughts on the Minimum Wage

We should realize that there are some pretty big thumbs on the scale in the minimum wage battle, and those thumbs want to show that minimum wage hikes will cause job loss.

Dean Baker / January 27, 2021

GDP Byte Artículo

PREVIEW: What to Look for in the Fourth Quarter 2020 GDP Report

Economic Growth

We will see a strong but more normal rate of growth in the fourth quarter, however that is a misleading picture of the overall state of the economy.

Dean Baker / January 26, 2021

Article Artículo

Thomas Friedman: The Donald Trump of the New York Times

Dean Baker / January 26, 2021

Article Artículo

COVID-19

The Coronavirus Vaccine Fail and International Elites

The fact that it wasn’t just the United States that missed this standard, but also every country in Europe, indicates an enormous failure of public health systems.

Dean Baker / January 25, 2021

Article Artículo

COVID-19

The New York Times Has Not Heard About China’s Vaccines (or Russia or India’s)

If developing countries are unable to get access to the vaccines developed by western drug companies, it is likely that they will turn to the vaccines developed by these three countries.

Dean Baker / January 24, 2021

Article Artículo

More Mind Reading at the Washington Post

I'm sure many Republicans in Congress have complained that the rescue package cannot be seen as an effort to get bipartisan cooperation, but it would require some serious mind-reading to know that this is how they actually see the package.

Dean Baker / January 23, 2021

Union Membership Byte Artículo

Unions

PREVIEW: Union Membership Byte 2021

Workers

The union membership rate rose by 0.5 percentage point to 10.8 percent in 2020, the Bureau of Labor Statistics reports today.

Hayley Brown / January 22, 2021

Union Membership Byte Artículo

Unions

Union Membership Byte 2021

Workers

The overall union membership rate increased by half a percentage point in 2020, rising to 10.8 percent of all employed

Hayley Brown / January 22, 2021

Article Artículo

Globalization and Trade