Publications

More on the Summers v. Biden Spending Debate

Globalization and Trade

If the economy is really seeing excess demand that it can't meet, an increased deficit is preferable to an inflationary spiral.

Dean Baker / February 09, 2021

Article Artículo

Intellectual Property, Inequality, and the New Cold War with China

The risk of a new Cold War gives us yet another good reason not to be fans of intellectual property.

Dean Baker / February 08, 2021

Article Artículo

Want to Reverse Inequality? Change Intellectual Property Rules

While making our tax structure more progressive is important, most of the increase in inequality comes from greater inequality in before-tax income, not from reductions in taxes paid by the rich.

Dean Baker / February 08, 2021

Article Artículo

Inequality

Wealth Inequality: Should We Care?

I have never considered wealth a very good measure of inequality for several reasons.

Dean Baker / February 08, 2021

Jobs Byte Artículo

Jobs

Unemployment Falls to 6.3 Percent, but Job Growth Weak

Trump is the first president to leave office with a loss of jobs since Herbert Hoover.

Dean Baker / February 05, 2021

Article Artículo

To Fight Climate Change in the Middle of this Economic Crisis, We Need a New Deal that is Green

Growth

Against the universal, natural tendency to put off future needs for the sake of current ones, I want to dwell on the disposition of U.S. public investment.

Max B. Sawicky / February 05, 2021

Article Artículo

Excessive Stimulus and Other Things Larry Summers Worries About

Summer's does raise a very reasonable concern, but there is so much upside to this package, with a comparatively small downside risk, that it definitely seems worth the gamble.

Dean Baker / February 05, 2021

report informe

Health and Social Programs

It is Time for the FMLA to Fulfill the Promise of Inclusive and Paid Leave

February 5th, 2021 marks the 28th anniversary of the Family and Medical Leave Act (FMLA). While this landmark federal legislation has protected the health and incomes of millions of workers, it still leaves out an overwhelming share of low- or moderate-in

Julie Yixia Cai and Eileen Appelbaum / February 04, 2021

Article Artículo

Inequality

Workers

Work Should Pay: A $15 an Hour Minimum Wage Is a Start

President Joe Biden has proposed raising the minimum wage to $15 an hour by 2025. This has led to the predictable cries of economic disaster from business organizations and right-wingers more generally.

Dean Baker / February 04, 2021

Article Artículo

Even After the Cabinet Selections, Personnel Is Policy

Revolving Door Project

Look to the sub-cabinet level for obscure but important jobs that will determine the direction of the Biden presidency.

Joshua Timi Iwayemi, Dorothy Slater and Max Moran / February 04, 2021

Article Artículo

International Monetary Fund

Europe

World

Great.com Interviews CEPR about Climate Change, Social Security, and a Global Response to COVID

Spirit Rosenberg from Great.com interviewed CEPR Co-Director Mark Weisbrot as part of their “Great.com Talks With...” podcast, which seeks to shed light on organizations and experts making a positive impact on the world.

Dan Beeton / February 04, 2021

Article Artículo

Growth

Wall Street

Getting Lazy in Discussing Winning in the Stock Market

It is not necessarily bad to invest in a stock index, but the returns may not be quite what some people would expect.

Dean Baker / February 04, 2021

Article Artículo

Should People Who Want to Save the World from the Pandemic Be Demanding We Pay China to Produce Billions of Vaccine Doses?

The bottom line is that we need to get people throughout the world vaccinated as quickly as possible.

Dean Baker / February 04, 2021

report informe

Health and Social Programs

Growth

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

Inequality

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

PREVIEW: What to Look for in the January Jobs Report

Jobs

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

Dean Baker / February 02, 2021

Article Artículo

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