Dean Baker

Articles by this author

The World Economic Forum is not some sort of international organization, it is a for-profit organization.  (Photo: Market Watch via Getty Images) Views
Wednesday, January 23, 2019
No One Said Rich People Were Very Sharp: Davos Tries to Combat Populism
Let's see, cattle ranchers are against vegetarianism, coal companies are against restricting CO2 emissions, and the Davos crew is trying to combat populism, according to The Washington Post . It is kind of amazing that the rich people at Davos would not understand how absurd this is. Yeah, we get...
Read more
Three fifth graders Views
Saturday, January 19, 2019
Washington Post Forgets to Mention, Scott Walker Misled Fifth Graders About Taxes
The Washington Post had an article about how Republicans and right-wingers have become obsessed with trying to attack Alexandria Ocasio-Cortez, the newly elected representative from New York. At one point it refers to former Wisconsin governor Scott Walker's attack on Ocasio-Cortez's position...
Read more
Trump Views
Monday, December 24, 2018
No, Donald Trump Is Not Leaving Us Poorly Prepared for the Next Recession
There is a popular theme in the media these days that the Trump administration is leaving us poorly prepared for the next recession. The basic story is that high deficits and debt will leave us less room to have a large stimulus when the next recession hits. This is wrong, at least if we are talking about the economics.
Read more
Man holds a sign reading 'Bailout families, not Wall Street insiders' Views
Saturday, December 01, 2018
Our Elites Refuse to Accept Responsibility for Leaving Behind the Left Behind
There have been several analyses of the 2018 election results showing that the Republican regions are disproportionately areas that lag in income and growth. In response, we are seeing a minor industry develop on what we can do to help the left behinds. The assumption in this analysis is that being...
Read more
Monday, September 03, 2018
Unions in the 21st Century: A Potent Weapon Against Inequality
The topic of economic inequality can appear complex, with many nuanced causes and outcomes. But while the two of us actively engage in that debate, we also strongly believe that there is one overarching factor that must not be, but often is, overlooked: worker bargaining power. On Labor Day, this...
Read more
A snarky sign seen in San Francisco. Views
Friday, August 03, 2018
The Trump Administration's Giant F**k You to Working People: Playing Games with Capital Gains Tax Rates
Okay, I'm going to plead guilty to playing lawyer without a license. The NYT reports that the Trump administration is proposing to unilaterally (as in no congressional action) change the way that capital gains are calculated for tax purposes. The plan is to allow people to index capital gains for...
Read more
"While Lowenstein doesn't see any problem with our incredibly rich counterfeiters in the real world we have the problem that they are creating demand for goods and services with their consumption." (Photograph: AP/Manuel Balce Ceneta) Views
Monday, July 23, 2018
The Washington Post Thinks It Is a New Idea to Tell People to Worry About Mobility and Not Inequality
Just when you thought economic commentary in the Washington Post couldn't get any more insipid, Roger Lowenstein proves otherwise. In a business section " perspective " he tells readers: "But what if inequality is the wrong metric. Herewith a modest proposition: economic inequality is not the best...
Read more
"While that didn't surprise those of us who follow the data closely, the release did seem to catch some of the proselytizers of the gig economy by surprise." (Photo by studioEAST/Getty Images) Views
Friday, June 08, 2018
Killing the Myth of the Gig Economy
Many pundit types were thrown for a loop by the Labor Department's release of its Contingent Worker Survey yesterday. The survey, the first one since 2005, showed no increase in the percentage of workers employed as independent contractors, such as those who work for Uber and Lyft. While that didn'...
Read more
Tuesday, June 05, 2018
No You Assholes, Obama Did Not Do It Too
Let's get this straight, Donald Trump did something unbelievably stupid when he tweeted about the jobs report last Friday morning, 69 minutes before it was public. The president gets an advance copy of the report the night before, so he and his staff know what the country will be looking at the...
Read more
 The basis for the criticism of Trump's tariff policies is not its potential hit to the stock market, the author argues. (Photo: Iman Mosaad/flickr/cc) Views
Sunday, April 01, 2018
Roger Lowenstein, F**k Your Stock Portfolio
I realize it would be too much to ask that people who write on economics for major news outlets have any clue about how the economy works. I say that seriously; I have been commenting on economic reporting for more than two decades. Being a writer on economics is not like being a custodian or bus...
Read more