• Economic Crisis and RecoveryCrisis económica y recuperaciónGlobalization and TradeGlobalización y comercio

There is No Political Constituency for Free Trade, it’s Just a Term Used to Justify Screwing Workers

April 28, 2022

28 Abril 2022

What passes for free trade is a policy of removing barriers to allow low cost manufactured goods to enter the United States without restrictions. This puts downward pressure on the pay of manufacturing workers.

• Economic Crisis and RecoveryCrisis económica y recuperación

President Biden and the Price of Gas

By Dean BakerDean Baker

April 27, 2022

27 Abril 2022

If there is a president to blame for high oil prices it would be Donald Trump. He actually boasted about arranging for OPEC to reduce its production of oil during the pandemic.

• Economic Crisis and RecoveryCrisis económica y recuperación

Two Routes to Lower Inflation

By Dean BakerDean Baker

April 26, 2022

26 Abril 2022

Recounting our historical track record in bringing inflation down after surges that came from fundamentally different sources, is not necessarily useful in describing our prospects for bringing down the current inflation spike.

• Intellectual PropertyPropiedad Intelectual

Corruption in Drug Patents: Take Away the Money

By Dean BakerDean Baker

April 18, 2022

18 Abril 2022

It’s great to see the New York Times recognize the abuses of the patent system. It would be even better if it opened its pages to discussion of alternative mechanisms for financing innovation.

Repealing Section 230 to Downsize Facebook and Twitter

By Dean BakerDean Baker

April 16, 2022

16 Abril 2022

There is no good reason that Internet intermediaries should be exempt from the same sort of liability for spreading defamatory statements as print or broadcast media.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Wall Street Journal Doesn’t Have Access to Data from the Bureau of Labor Statistics

By Dean BakerDean Baker

April 16, 2022

16 Abril 2022

So, where does the Wall Street Journal see its millions of missing workers?

• Economic Crisis and RecoveryCrisis económica y recuperaciónIntellectual PropertyPropiedad Intelectual

Fighting Inflation the Fun Way: Starting at the Top

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

If we want to reduce inflationary pressures there are a whole set of policies that would lower the incomes of people at the top of the income ladder. Unfortunately, we are not likely to go this route.

• Economic Crisis and RecoveryCrisis económica y recuperación

Correcting the NYT: Excluding Gasoline, Retail Sales FELL in March

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

Contrary to the picture presented by the headline, the data released by the Commerce Department today suggest a rapidly slowing economy.

• Economic Crisis and RecoveryCrisis económica y recuperación

High Gas Prices Are Donald Trump’s Fault

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

According to Trump, he worked out a deal where OPEC producers would all agree to reduce their output.

• Economic Crisis and RecoveryCrisis económica y recuperación

If Wage Growth Is Driving Inflation, Why Is Workers’ Share of Income Falling?

By Dean BakerDean Baker

April 13, 2022

13 Abril 2022

It is very hard to make the wage-price spiral inflation story from the 1970s fit the current situation for a simple reason: the wage share of income has fallen sharply since the pandemic.