Dean Baker

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Monday, March 10, 2014
Would You Delay Buying a $30 Shirt for Months to Save 8 Cents? Me Neither
The collapse of the housing bubble and the subsequent devastation to the economy caught almost the entire economics profession by surprise. Federal Reserve chair Alan Greenspan, along with other people in top policy positions, were left dumbfounded. They didn’t think a prolonged downturn was possible. They were wrong in a really big way.
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Wednesday, February 26, 2014
Washington Post Complains That Bill Gates' Riches Come at the Expense of Everyone Else
The Washington Post complained that the people of San Jose California are suffering because the city has to pay higher prices for computers and software because of the patent and copyright monopolies the government has given to Microsoft and other tech companies.
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Saturday, February 22, 2014
Release of Fed Transcripts Show Fed Scary Ignorant in 2008, WaPo Scary Ignorant in 2014
It's great to be an economist in a top policymaking position in the United States. Unlike dishwashers, cab drivers, and most other workers, you are not held accountable for the quality of your work. We already knew that, since almost none of the people responsible for allowing the housing bubble to grow large enough to collapse the economy have paid any career price. (Ben Bernanke is praised for avoiding a second Great Depression. Talk about setting the bar low.)
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Wednesday, February 19, 2014
True Free Market Proponents Should Support Private-Public Competition
One of the initiatives President Obama announced in his State of the Union Address was the "MyRA," an IRA that workers could sign up for at their workplace.
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Wednesday, February 05, 2014
CBO Findings on Obamacare (Minus the GOP Talking Points)
Apparently a lot of media folks have made such a habit of repeating Republican talking points that they can't see what is right in front of their eyes. The Republicans are touting the fact that the Congressional Budget Office (CBO) expects the Affordable Care Act (ACA) to reduce the number of people working.
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Monday, February 03, 2014
Silicon Valley Billionaires Believe in the Free Market, As Long as They Benefit
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Sunday, January 19, 2014
'Freedom' Industries? Property Rights, Regulation, and Brain Dead Environmentalists
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Tuesday, January 14, 2014
When Is the NYT Going to Start Putting Budget Numbers in Context?
David Leonhardt, the NYT's Washington editor, committed the paper several months ago to putting large numbers in context in response to a complaint raised by Public Editor Margaret Sullivan.There is still no evidence of this effort in the paper's budget reporting.
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Monday, January 06, 2014
All Eyes on New York Mayor Bill de Blasio, America's Leading Progressive
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Monday, December 23, 2013
The Progressive 'Left' vs. Bill Keller's Disastrous 'Center-Left'
Bill Keller gives us some holiday fun by getting almost everything completely wrong in contrasting the left-left (Elizabeth Warren and Bill de Blasio) with his friends, the center-left. There are so many profoundly ill-informed assertions that it might be hard to know where to begin if Keller didn't make it so easy.
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