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Horrors! Germany Will See a Decline in the Ratio of Workers to Retirees Over the Next Fifty YearsDean Baker / December 01, 2014
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Horrors! Germany Will See a Decline in the Ratio of Workers to Retirees Over the Next Fifty YearsDean Baker / December 01, 2014
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Question for Brad DeLong and the Debt School of the Downturn: What Would Our Saving Rate Be If We Didn't Have Debt?Dean Baker / December 01, 2014
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Question for Brad DeLong and the Debt School of the Downturn: What Would Our Saving Rate Be If We Didn't Have Debt?Dean Baker / December 01, 2014
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The Paid Vacation Route to Full EmploymentDean Baker
Truthout, December 1, 2014
Dean Baker / December 01, 2014
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Robert Samuelson Dedicates Column to His Own Ignorance: He Didn't Know Keynesians Predicted Weak RecoveryDean Baker / December 01, 2014
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Robert Samuelson Dedicates Column to His Own Ignorance: He Didn't Know Keynesians Predicted Weak RecoveryDean Baker / December 01, 2014
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NYT Claims That Ending France 35-Hour Work Week Would Hugely Increase French GDPDean Baker / November 27, 2014
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NYT Claims That Ending France 35-Hour Work Week Would Hugely Increase French GDPDean Baker / November 27, 2014
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Latin America and the Caribbean
Central America’s “Alliance for Prosperity” Plan: Shock Doctrine for the Child Refugee Crisis?Dan Beeton / November 26, 2014
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Right to Rent Helping Families Move Back into HomeownershipThe LA Times ran a nice story on Friday about the Coronel family of Azusa, California, and how they were able to buy back their foreclosed home "for $280,000, far less than the $400,000-plus debt that had gone into default." They had been able to stay in their home after their foreclosure because "Fannie Mae gave permission in 2010 for the Coronels to stay on in the Azusa house as renters."
The article asked if Fannie Mae's allowing this "indirect" principal reduction reflects a change in policy. That's because before the Coronel's case, Fannie Mae and Freddie Mac required foreclosed homeowners to pay their entire outstanding mortgage balance before being able to repurchase their homes. That's while other buyers were able to pay the lower market price for the same property.
CEPR and / November 26, 2014
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Wall Street Journal and Charles Schumer on ObamacareDean Baker / November 26, 2014