Publications

Cheap Fun Saturday: Job Growth Under Biden and Trump

So, here's where we stand now.

Dean Baker / August 07, 2021

Article Artículo

Economy Adds 943,000 Jobs in July; Unemployment Falls to 5.4 Percent

Jobs

The number of unincorporated small businesses is almost 800,000 above the 2019 average.

Dean Baker / August 06, 2021

Article Artículo

Jobs

Workers

CEPR Mourns the Passing of AFL-CIO President Richard Trumka

Throughout his life, Trumka was an invaluable champion of the working class.

CEPR / August 06, 2021

Article Artículo

If a Vaccine Resistant Strain Develops in Africa, Will Dr. Fauci Lose His Job?

Intellectual Property

We had an alternative path that would have required the sharing of knowledge and expertise, and overriding patent rights. We did not go this path.

Dean Baker / August 04, 2021

Article Artículo

Latin America and the Caribbean

Ecuador

Globalization and Trade

World

Dinero Electrónico: Deployment Notes of the First CBDC

As policy makers try to assess the benefits and risks of Central Bank Digital Currencies (CBDC) researchers have contributed to the discussion with theoretical works on monetary policy, disintermediation, and financial stability implications.

Andrés Arauz, Rodney Garratt and Diego Ramos / August 04, 2021

Article Artículo

Preview: What to Look for in July Jobs Report

Jobs

Dean Baker / August 03, 2021

report informe

International Monetary Fund

Globalization and Trade

World

Special Drawing Rights Could Help Recover Millions of Export-Related US Jobs, and Create Even More

Reduced demand from developing countries during the pandemic and world recession led to significant American job losses

Kevin Cashman / August 02, 2021

Article Artículo

The Saving Rate is Still High: Evidence on the Post-Pandemic Economy

The fact that we are still seeing a saving rate that is well above the pre-pandemic level goes against the view that people would rush out and spend as soon as they had the opportunity.

Dean Baker / August 01, 2021

Article Artículo

GDP Rises 6.5 Percent in Second Quarter, Passed Pre-Pandemic Level of Output

Growth

The profit share of corporate income rose 1.6 percentage points in the first quarter, countering claims of squeezed employers.

Dean Baker / July 29, 2021

Article Artículo

PREVIEW: What to Look for in the Second Quarter 2021 GDP Report

Growth

We will again see another quarter of extraordinary growth, likely over 7.0 percent.

Dean Baker / July 26, 2021

Article Artículo

Will Dr. Fauci’s “Prototype” Vaccines Be Given to Pfizer and Moderna So that We Can Complain About Technology Creating Inequality?

Intellectual Property

Ideally it would place patent rights in the public domain, both so that scientists around the world can quickly build on the new innovations produced by this research, and so that any vaccines developed can be sold as cheap generics.

Dean Baker / July 26, 2021

Article Artículo

Is There a Progressive Case Against Quantitative Easing?

Few people who have analyzed the impact of QE following the Great Recession would dispute that it was responsible for several million jobs.

Dean Baker / July 26, 2021

Article Artículo

Do Republicans Distrust the IRS in the Same Way Bank Robbers Distrust the Police?

The piece implies that Republicans in Congress would be happy to go along with increased funding for tax enforcement if it were done by someone other than the IRS. There is absolutely zero reason to believe this is true.

Dean Baker / July 25, 2021

Article Artículo

Inflation as People Experience It and as Economists Measure It

We all know that economic measures cannot fully capture the state of people’s well-being. A big part of that picture is the inadequacy of the CPI as a measure of the cost of living in any real sense.

Dean Baker / July 22, 2021

Article Artículo

Inflation Fears, Economic Policy, and the Future of the United States

Larry Summers and others have been sounding the alarm over inflation. But are fears overblown?

Mark Weisbrot / July 22, 2021

Article Artículo

The Delta Variant is Scary, but it Won’t Sink the Economy

We should be mounting a World-War-II-scale, all-out effort to get the world vaccinated as quickly as possible.

Dean Baker / July 22, 2021

Article Artículo

Health and Social Programs