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.

At the most basic level, we have to understand that patent (and copyright) monopolies are a way the government pays for things it wants.
At the most basic level, we have to understand that patent (and copyright) monopolies are a way the government pays for things it wants.
Its central estimate assumes a case fatality rate of 0.3. This means that for every thousand people who get infected, three will die.
Its central estimate assumes a case fatality rate of 0.3. This means that for every thousand people who get infected, three will die.
Everyone knew these big price jumps were coming, so they really should not be cause for panic.
Everyone knew these big price jumps were coming, so they really should not be cause for panic.
Why ask a question that could jeopardize the profits of some of the world’s largest corporations?
Why ask a question that could jeopardize the profits of some of the world’s largest corporations?
The piece never bothered to tell readers the number of years over which this money would be spent. Eight is the magic number.
The piece never bothered to tell readers the number of years over which this money would be spent. Eight is the magic number.
Instead of having too much demand, it looks like we will have too little demand. We will actually need the government to run large deficits to keep the economy close to full employment.
Instead of having too much demand, it looks like we will have too little demand. We will actually need the government to run large deficits to keep the economy close to full employment.
The place where this NYT piece goes seriously off the rails is that it completely ignores the vaccines developed by Russia and China.
The place where this NYT piece goes seriously off the rails is that it completely ignores the vaccines developed by Russia and China.
Jerome Powell has explicitly said that he wants to have the economy run hot, pushing it as far he can without kicking off inflation.
Jerome Powell has explicitly said that he wants to have the economy run hot, pushing it as far he can without kicking off inflation.
I will make a few comments about the book Cohn wrote and then get to some of the things I would have liked to see him discuss more.
I will make a few comments about the book Cohn wrote and then get to some of the things I would have liked to see him discuss more.
In short, it is not plausible that the generosity of unemployment insurance benefits are a major factor affecting employers’ ability to find workers.
In short, it is not plausible that the generosity of unemployment insurance benefits are a major factor affecting employers’ ability to find workers.

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