Beat the Press

Beat the press por Dean Baker

Beat the Press is Dean Baker's commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR). To never miss a post, subscribe to a weekly email roundup of Beat the Press. Please also consider supporting the blog on Patreon.

If the nonsense coming from the vaccine resisters can be effectively countered, we should be able to reach vaccination rates comparable to Denmark’s in the not distant future.
If the nonsense coming from the vaccine resisters can be effectively countered, we should be able to reach vaccination rates comparable to Denmark’s in the not distant future.
The problem is that we have made many changes to the economy that shifted huge amounts of income upward, so that we cannot support a pay structure that gives workers at the bottom $52,000 a year. This is the whole point of my book, Rigged.
The problem is that we have made many changes to the economy that shifted huge amounts of income upward, so that we cannot support a pay structure that gives workers at the bottom $52,000 a year. This is the whole point of my book, Rigged.
Nominal wages have been rising rapidly for workers at the bottom of the pay ladder in recent months. This has allowed workers in the lowest paying jobs to see substantial increases in real wages, in spite of the uptick in inflation the last few months.
Nominal wages have been rising rapidly for workers at the bottom of the pay ladder in recent months. This has allowed workers in the lowest paying jobs to see substantial increases in real wages, in spite of the uptick in inflation the last few months.

Environment

Cheap Talk from the Fed on Global Warming?

It’s easy for a high-level executive to say that they didn’t pay attention to the rantings of some obscure economist, it’s much harder for them to say they don’t bother looking at what the Fed chair says and the research it publishes.
It’s easy for a high-level executive to say that they didn’t pay attention to the rantings of some obscure economist, it’s much harder for them to say they don’t bother looking at what the Fed chair says and the research it publishes.
The burden of the debt and the debt service is such a trivial part of this picture, it’s hard to believe serious people would waste their time on it.
The burden of the debt and the debt service is such a trivial part of this picture, it’s hard to believe serious people would waste their time on it.
We had an alternative path that would have required the sharing of knowledge and expertise, and overriding patent rights. We did not go this path.
We had an alternative path that would have required the sharing of knowledge and expertise, and overriding patent rights. We did not go this path.
The fact that we are still seeing a saving rate that is well above the pre-pandemic level goes against the view that people would rush out and spend as soon as they had the opportunity.
The fact that we are still seeing a saving rate that is well above the pre-pandemic level goes against the view that people would rush out and spend as soon as they had the opportunity.
Ideally it would place patent rights in the public domain, both so that scientists around the world can quickly build on the new innovations produced by this research, and so that any vaccines developed can be sold as cheap generics.
Ideally it would place patent rights in the public domain, both so that scientists around the world can quickly build on the new innovations produced by this research, and so that any vaccines developed can be sold as cheap generics.
Few people who have analyzed the impact of QE following the Great Recession would dispute that it was responsible for several million jobs.
Few people who have analyzed the impact of QE following the Great Recession would dispute that it was responsible for several million jobs.

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