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Posts Tagged ‘Dean Baker’

When will people begin listening to the right economists. There is an army of economists out there which work for concentrated power and that are consistently wrong. They are called “Chief Economist” and work for this or that corrupt power structure. Meanwhile, two of the very best are Michael Hudson and Dean Baker are no [...]

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As more information has come to light about the bailout it has become apparent that Secretary of Treasury Henry Paulson is non simply incompetent, as originally thought, but is acting in ways that are illegal and counter to the public interest. The effects of Paulson’s actions promise to negatively reverberate in this country for decades [...]

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Dean Baker’s Ideas

In a world where most the economists have sold their opinion to the highest dollar, Dean Baker is the real deal. He practices real economics. This video is long, but you get a lot of great exposure to Dean Baker’s ideas.

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We found this post from Dean Baker extremely timely and interesting. What it points to is that we have a financial industry which is dedicated to creating asset bubbles, getting involved in more and more complex financial instruments, all of which have little bearing on producing real value. As for our advanced education system, it [...]

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Dean Baker at the CEPR has written relentlessly on the obviousness of the real estate bubble, and that Alan Greenspan and the various Department of Treasury Secretaries among a cast of others did nothing to counteract it. Now the guilty parties would prefer that the historical understanding be that no one could have seen this [...]

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Abstract: Kevin Philips new book, as well as work by the CEPR on the Social Security scare have shed light on an important topic, which is the government statistics on inflation. What is very interesting is the actual inflation rate vs. the real inflation rate. The interested parties in understating the inflation rate are not [...]

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AbstractEfficiency is not well analyzed in respect to US labor markets. The assumption that this market, as with other US markets, is somehow efficient and that it is to use the term of conservative propaganda “a free market.” This is anything but the case and the market for minimum wage labor demonstrates why. Nothing is [...]

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Abstract There is no more damaging academic in the 20th century than Milton Friedman. His philosophies caused widespread economic problems and inequality not only in his home country but internationally as well. Milton Friedman is considered a giant of 20th century economics, and is probably the most influential economist of the past 100 years. The [...]

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