Alan Greenspan’s Mixed Legacy
Dean Baker Substack I was not an Alan Greenspan fan, but I will give him some serious credit on his passing. I’ll also give him serious blame for missing two…
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Trump Claims Economic Triumph, Doubles Down on Immigrant Scapegoating
By Joshua Scheer In a nationally televised primetime address from the White House, President Donald Trump spent much of the speech defending his economic record and touting the strength of…
Healthcare Is Hard, Lying Republicans Make It Harder
Dean Baker Beat The Press for The Center for Economic and Policy Research (CEPR) During his first term, after repeatedly promising the country a terrific health care plan, Donald Trump…
Health Insurance Killing: Economics Does Have Something to Say
United and other insurers make a profit by restricting the claims they pay, so their profit motive goes directly against people’s need to get healthcare.
Contrary to What the Washington Post Tells Readers, China Is Doing a Huge Amount To Combat Global Warming
China is selling EVs, solar panels, batteries and other clean technologies at hugely subsidized prices.
RFK Jr., Physicians’ Pay Schedules, and the Elites’ Big Lie
The story of doctors’ pay is big money, more than is at stake in things like the expanded child tax credit or other issues that we often have major political…
AI, Guaranteed Income and the ‘Which Way Is Up?’ Problem Afflicting Our Elites
By Dean Baker / Beat the Press Leading media outlets like The New York Times, The Atlantic, and The New Yorker have about as much concern for intellectual consistency as…
Fighting Billionaires’ Control of the Media, Individual News Vouchers
By Dean Baker / Beat the Press (CEPR) Mark Twain famously quipped that everyone always talks about the weather, but no one ever does anything about it. (This was before…
Washington Post Columnist Charles Lane Wants Auto Workers to Lose Their Jobs
By Dean Baker / Center for Economic and Policy Research (CEPR) The Washington Post has a long history of hating on powerful unions, like the United Auto Workers (UAW), or…
The New York Times Has Decided We Need to Cut Social Security and Medicare
By Dean Baker / Beat the Press (CEPR) The New York Times editorial board came to a shocking realization this week: we are living on borrowed money. That was the…
The Silicon Valley Bank Bailout: The Purpose of Government Is to Make the Rich Richer
By Dean Baker / Beat the Press (CEPR) There is a standard tale of politics where conservatives want to leave things to the market, whereas the left want a big…
‘Regulation’ Is Not a Mantra
By Dean Baker / Beat the Press (CEPR) An item in Ezra Klein’s NYT column yesterday really grabbed by attention. Ezra cited a Wall Street Journal column that claimed that…
Is Inflation Out of Control, Again?
By Dean Baker / Beat the Press (CEPR) The January data on consumer expenditures released yesterday had a lot of people freaking out. The story is that the Fed is…
Price Increases Persist Despite Supply Chain Progress
The overall Consumer Price Index rose 0.1 percent in August, core was up 0.6 percent; up 8.3 percent and 6.3 percent year-over-year, respectively.
The Big Myth About Inequality: It Just Happened!
By Dean Baker / Beat the Press/CEPR The standard line in policy circles about the soaring inequality of the last four decades is that it is just an unfortunate outcome…