Dean Baker

Articles by this author

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Sunday, October 18, 2015
George Will, Bernie Sanders, Freedom and Income Inequality
George Will really takes it to Bernie Sanders in his column this morning. "The fundamental producer of income inequality is freedom. Individuals have different aptitudes and attitudes. Not even universal free public education, even were it well done, could equalize the ability of individuals to add...
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Wednesday, October 07, 2015
‘Massive’ Media Hype for TPP
It is amazing how the elite media can be dragged along by their noses into accepting that the Trans-Pacific Partnership (TPP) can have a big impact on trade and growth. If I had a dollar for every time the deal was described as “massive,” or that we were told what share of world trade will be...
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Wednesday, September 16, 2015
The Elite's Childlike Commitment to Austerity
The landslide victory of left-wing candidate Jeremy Corbyn for Labor Party leader in the United Kingdom has many establishment types bent out of shape. The Blair-wing of the party was literally obliterated, with Corbyn drawing more than four times the votes of his nearest competitor. After giving...
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Tuesday, August 25, 2015
The Stock Market Is Not the Economy
We are seeing the usual hysteria over the sharp drop in the markets in Asia, Europe, and perhaps the US. (Wall Street seems to be rallying as I write.) There are a few items worth noting as we enjoy the panic. First and most importantly, the stock market is not the economy. The stock market has...
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Thursday, July 09, 2015
U.S. Trade Policy Is Pro-Rich, Not Free Trade
Thomas Edsall had a very good piece on divisions in the Democratic Party over trade policy in the NYT this morning. The piece cites a large body of academic research pointing out that U.S. trade policy has played a large role in destroying manufacturing jobs and redistributing income upwards. It...
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Wednesday, June 03, 2015
The TPP Gang That Can’t Shoot Straight
As Congress gets ready to vote on whether to “fast-track” the Trans-Pacific Partnership (TPP), its proponents are making weaker and more far-fetched arguments for the deal. And they keep getting their facts wrong and their logic twisted. This hit parade of failed arguments should convince any fence...
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Tuesday, May 26, 2015
WaPo Takes Another Shot at Senator Warren on Behalf of the TPP
The fast-track authority needed to get the Trans-Pacific Partnership (TPP) through Congress must be in real trouble. Why else would the Washington Post devote so much space to pushing the deal and attacking its critics? The latest was a diatribe by editorial board member Jonathan Capehart which is...
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Thursday, May 21, 2015
The Trade-Agreements-Are-Good-for-You Ideology
Two years ago, my colleague David Rosnick put out a paper that analyzed the impact of recent patterns in trade, based on research showing that trade both tended to promote growth but also worsen inequality by reducing wages for those at the middle and bottom of the wage distribution. The paper...
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Thursday, May 07, 2015
Calling TPP Foes 'Simplistic,' USA Today Simply Gets the Numbers Wrong
USA Today ( 5/3/15 ) got its numbers seriously wrong in pushing the case for the Trans-Pacific Partnership (TPP). Its editorial, headlined “New Trade Deal Triggers Angry, Fact-Free Uproar,” told readers: Democrats, however, are wedded to unions who blame trade, and trade agreements, for the decline...
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Monday, April 20, 2015
Washington Post Tells Readers the Elite Will Lie, Cheat, and Steal to Pass Their Trade Deals
The Washington Post has established itself over many decades as a major mouthpiece of elite opinion. Its editorial pages argue strongly for the interests of the wealthy, with scarcely concealed contempt for people who have to work for a living. (They do support alms for the poor, hence they are...
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