Publications

Economic Growth

Plunging Gas Prices Lead to Flat CPI, Big Jump in July Real Wages

The July Consumer Price Index data are a mixed picture. The plunge in gas prices means money in people's pockets, but food prices are still rising rapidly.

Dean Baker / 08/10/2022 10:50am

Article Artículo

If We Tax Share Buybacks, Can We Also Tax Stock Returns?

Wall Street

The taxation of share buybacks in the Inflation Reduction Act shows that we do not have to make profit the basis for the corporate income tax.

Dean Baker / 08/09/2022 3:00am

Article Artículo

Preview: What to Look for in the July Consumer Price Index

Inflation in rental components increased rapidly in recent months. The Fed’s interest rate hikes had a direct impact on house sale prices, but it is unclear how or when it will impact rents.

Dean Baker / 08/08/2022 9:08am

Article Artículo

Economy Adds 528,000 Jobs as Unemployment Ticks Down to 3.5 Percent

Jobs

The good news is that all the reports about workers’ wages not keeping pace with inflation were mistaken. The bad news is that wages are growing at a pace that exceeds the Fed’s 2.0 percent inflation target.

Dean Baker / 08/05/2022 12:12pm

Article Artículo

CEPR Sanctions Watch, July 2022

CEPR Sanctions Watch aims to help generate more awareness around sanctions by providing regular updates on US economic sanctions policy and its harmful impacts on people around the world.

Michael Galant / 08/03/2022 11:18am

report informe

High Joblessness for Black Youth: More Than 500,000 Jobs are Needed

The Dobbs decision will force many Black youth to have children before they are ready.

Algernon Austin / August 03, 2022

Article Artículo

Preview: Will Job Growth Remain Strong in a Slowing Economy?

Jobs

The most important question is if wage growth continuing to moderate. If wage growth stays the same or slows further, it will mean the Fed’s work is largely done.

Dean Baker / 08/02/2022 9:27am

Article Artículo

Private Equity

How Public Real Estate Investment Trusts Extract Wealth from Nursing Homes and Hospitals

Evidence shows that REITs are financial actors that aggressively buy up property assets and manage them to extract wealth at taxpayers’ expense.

Rosemary Batt and Eileen Appelbaum / 08/01/2022 12:45am

Article Artículo

International Monetary Fund

Fed Needs to Make Sure That It Doesn’t Bring On the Next Recession

Interest rate hikes are threatening to cause a recession. The Fed should be able to make sure that it doesn’t make that mistake.

Mark Weisbrot / 07/28/2022 12:00pm

Article Artículo

GDP Falls at a 0.9 Percent Rate, Driven by Slower Inventory Growth and Falling Housing Construction

Economic Growth

Recession-fearing households increased spending on hotels and restaurants at a 13.5 percent annual rate in Q2.

Dean Baker / 07/28/2022 12:00am

Article Artículo

Sanctions

US Foreign Policy

World

How Biden’s Foreign Policy Contributes to Soaring Gas Prices and Threw the World Into Crisis — and What He Can Do About It

With Western plans to cap the price of Russian oil on the horizon, let’s hope Biden charts a more responsible course — one that recognizes that what’s best for the world is also in his own political interest.

Kevin Cashman / 07/27/2022 5:00pm

Article Artículo

Why Union Membership Is Good For Workers With Disabilities

Unions provide many benefits for workers, and studies suggest that these benefits are especially salient for disabled workers.

Hayley Brown / 07/27/2022 1:42pm

Article Artículo

The Semiconductor Bill and the Moderna Billionaires

Globalization and Trade

With a bit of thought, the semiconductor bill could have been designed in ways that did not redistribute income upward.

Dean Baker / 07/27/2022 4:00am

Article Artículo

The Reserves of Da Afghanistan Bank Belong to Afghanistan

To help end “hell on earth,” the Biden administration should release the full $7 billion to the central bank of Afghanistan.

Andrés Arauz / 07/26/2022 12:35pm

Article Artículo

Gun Violence Prevention

Black People Need Better Options than the Morgue or Mass Incarceration

Rather than the gun lawlessness promoted by the extremists on the Supreme Court, Black Americans must insist on gun safety laws and an end to mass incarceration.

Algernon Austin / 07/26/2022 10:45am

Article Artículo

Economic Growth

PREVIEW: What to Look for In the Second Quarter 2022 GDP Report

It is very possible that we will see negative growth again in the second quarter. This does not mean we are in a recession.

Dean Baker / 07/25/2022 9:53am

Article Artículo

Black People (And Everyone Else) Should Avoid Crypto

Get-rich-quick schemes are always a scam. Ultimately, it is better for people to invest in the slow and hard work of un-rigging the economy and enacting policies that make society more equitable.

Algernon Austin / 07/22/2022 11:39am

Article Artículo

International Monetary Fund

US Foreign Policy

World

World Bank

How the Treasury Department Could Prevent Mass Starvation with No Cost to the Taxpayers

There is a way to bring hundreds of billions of dollars of aid to the developing countries where the people who need it most live. Amazingly, this help has zero cost to the US government.

Mark Weisbrot / 07/21/2022 4:00pm

report informe

Disability