November 11, 2021

11 Noviembre 2021

At the start of the pandemic, many of the lower paid workers lost their jobs, which raised the average wage for people who were still working. This year we are seeing this composition effect in reverse.

• Economic Crisis and RecoveryCrisis económica y recuperación

Getting High on Inflation

By Dean BakerDean Baker

November 10, 2021

10 Noviembre 2021

There is no argument about what the numbers show, but the key questions are what caused this rise in inflation and what can be done to bring it down.

• Economic Crisis and RecoveryCrisis económica y recuperación

Hot Tip for NYT: Real Average Hourly Wages for Truckers are Down Five Percent Since 1990, Might Affect Driver Shortage

By Dean BakerDean Baker

November 09, 2021

09 Noviembre 2021

According to new developments in economic theory, it is believed that workers respond to incentives.

• Economic Crisis and RecoveryCrisis económica y recuperaciónJobsTrabajosUnited StatesEE. UU.WorkersSector del trabajo

Cheap Fun Saturday: Job Growth Under Biden and Trump

By Dean BakerDean Baker

November 07, 2021

07 Noviembre 2021

As it now stands President Biden has created 5,583,000 jobs in his first nine months in the White House, compared to a loss of 2,876,000 jobs in the four years of Donald Trump’s presidency.

• Intellectual PropertyPropiedad Intelectual

Note to Margot Sanger-Katz: Public Funding Can be a Substitute for High Drug Prices for Incentivizing Innovation

By Dean BakerDean Baker

November 06, 2021

06 Noviembre 2021

Incredibly, Sanger-Katz never mentions the possibility that public funding could be a substitute for some or all of the money from venture capitalists.

• EnvironmentUnited StatesEE. UU.

Combatting Global Warming: The Solution to China’s Demographic “Crisis”

By Dean BakerDean Baker

November 03, 2021

03 Noviembre 2021

China has a large domestic clean energy sector which can stand to gain by further spending on reducing greenhouse gas emissions.

• Health and Social ProgramsLos Programas Sociales y de SaludInequalityLa DesigualdadUnited StatesEE. UU.

NYT Spreads Fox News Style Misinformation on Family Leave and Childcare

By Dean BakerDean Baker

October 31, 2021

31 Octubre 2021

Most wealthy countries with paid leave actually have higher rates of women's labor force participation than the United States.

• Economic Crisis and RecoveryCrisis económica y recuperación

Third Quarter GDP: More Good than Bad

By Dean BakerDean Baker

October 29, 2021

29 Octubre 2021

In the pre-pandemic period, no one would have considered 2.0 percent growth particularly bad.

• Economic Crisis and RecoveryCrisis económica y recuperación

Between 1989 and 2020, Spending on Prescription Drugs Rose from 0.6 Percent of GDP to 2.4 Percent of GDP

By Dean BakerDean Baker

October 21, 2021

21 Octubre 2021

The current level of spending of roughly $500 billion a year comes to more than $1,500 for every person in the country.

• InequalityLa DesigualdadIntellectual PropertyPropiedad Intelectual

Rich Jerks in Space

By Dean BakerDean Baker

October 20, 2021

20 Octubre 2021

Wealth as a bookkeeping entry should be largely a matter of indifference to the rest of us. When the super-rich pull away large amounts of resources for their fun and games, that is a big problem.