Dean Baker

Dean Baker is the co-director of the Center for Economic and Policy Research (CEPR). He is the author of The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer and the more recently published Plunder and Blunder: The Rise and Fall of The Bubble Economy. He also has a blog, "Beat the Press," where he discusses the media's coverage of economic issues.

Articles by this author

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Sunday, March 29, 2015 - 1:45pm
The Rationality of Continued Austerity in Greece
The NYT ran an a piece by Hugo Dixon that boldly proclaimed that if Alex Tsipras, the prime minister of Greece is rational, he will get tough with his left-wing supporters and impose more austerity measures. This is an interesting notion of rationality. Greece's economy has shrunk by more than 25...
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Monday, January 12, 2015 - 4:30pm
US Financial Transactions Tax Would Bring Financial Markets into 21st Century
Representative Chris Van Hollen’s proposal for a financial transactions tax, a key part of the new tax plan that he revealed this morning, is a move towards establishing a 21 st century structure for financial markets. In the last four decades there has been an enormous reduction in the cost of...
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Wednesday, December 3, 2014 - 7:00am
Bankers Who Commit Fraud, Like Murderers, Are Supposed to Go to Jail
Wow, some things are really hard for elite media types to understand. In his column in the Washington Post, Richard Cohen struggles with how we should punish bankers who commit crimes like manipulating foreign exchange rates (or Libor rates, or pass on fraudulent mortgages in mortgage backed...
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Monday, November 3, 2014 - 2:15pm
Full Employment: The Recovery’s Missing Ingredient
Federal Reserve Chairman Janet Yellen gave a speech a few weeks ago that was doubly unusual. First, she provided a welcome and trenchant analysis of inequality, focusing on the stagnant income and wealth of middle- and low-income families relative to the top few percent. For the nation’s chief...
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Wednesday, October 29, 2014 - 12:15pm
The Blame Teachers Game: Has Anyone Heard of the South?
Frank Bruni's column complaining about teachers and teachers unions undoubtedly has millions asking, "is our pundits learning?" The proximate cause is a soon to be published book by Joel Klein, the former New York City school chancellor. It seems that the book repeats most of the old complaints of...
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Tuesday, October 21, 2014 - 6:45am
Ebola Hysteria Fever: A Real Epidemic
Thus far, the Ebola virus has infected three people in the United States that we know of, however Ebola hysteria seems to have infected somewhere close to 300 million. There are reports of kids being pulled out of schools and even some school closings. People in many areas are not going to work and...
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Tuesday, September 23, 2014 - 8:45am
If Children Are Being Crowded Out, It is Being Done by Rich People
There is a well-funded effort (think Fix the Debt and the Peter G. Peterson Foundation ) to distract people from the upward redistribution to the rich through claims that the problem is really the elderly living high on Social Security and Medicare. Catherine Rampell contributed to this effort with...
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Tuesday, August 19, 2014 - 3:00pm
How Should Social Security Benefits Respond to an Economic Collapse?
This is the issue that Andrew Biggs implicitly raises in his Wall Street Journal column highlighting the jump in the size of the projections of the Social Security shortfall since 2008. Biggs complains that progressives have responded to the economic collapse by proposing an increase in benefits...
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Wednesday, July 23, 2014 - 10:30am
Why Would Anyone Think Republican Opposition to Obamacare Is Based on Ideology as Opposed to Just Money
It's understandable that conservatives would like to say that their arguments are based on deeply held convictions, as opposed to crass self interest, but it's difficult to understand why liberals feel the need to help them make this argument. Jonathan Cohn is the guilty party today. In his Q.E.D...
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Photo: brads651/cc/flickr Views
Wednesday, June 25, 2014 - 8:15am
Bankers Could Go To Jail
Morning Edition had a strange piece discussing how regulators can punish banks for breaking the law. The piece focused on the various fines and regulatory measures that can be imposed as penalties when banks are found to have broken the law. Remarkably it never considered the underlying logic of...
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