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Dean Baker

Senior economist at the Center for Economic and Policy Research, dog lover, and new resident of Astoria, Oregon.

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Issues553Founded2 years agoLast Issue42 hours ago
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Latest Issues

A Quick Note on Market Crashes: Why the Stock Market Is Not the Home Team

Predictably, Donald Trump blamed Thursday’s market tumble on the Democrats, or more accurately, “Dumocrats.” As I’ve written for three decades, deflating a bubble is good news. If stock prices don’t reflect fundamental values, then we shoul...

42 hours ago
31
2

The Market Route for a Wealth Tax

The billionaires spent over $300 million to defeat a California initiative for a wealth tax. The tax would have imposed a one-time 5% tax on the net worth of anyone living in the state with more than $1 billion in wealth. Their spending was...

2 days ago
32
1

The Affordability Agenda, Step One: End the War

Tuesday’s vote made things pretty clear: we don’t want Donald Trump’s f**king war. No one wants their family members and friends going to the other side of the world, risking injury and death, to kill people we have no real grievance with....

3 days ago
37
6

Good Labor Market News: California Restaurant Workers Are Quitting in Droves

Like many economists, I have been bothered by the low quit rates over the last couple of years. Quit rates are a really big deal for several reasons.

First and foremost, they tell us how workers feel about their labor market prospects. If...

3 days ago
24
1

The Day We Saved Democracy

I had prepared a post about the September data from the Job Openings and Labor Turnover Survey (JOLTS), but this seemed more important. November 3rd will be remembered in history as a day like December 7th or July 4th. It was the day that t...

4 days ago
50
13

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  • Dean Baker

    Senior economist at the Center for Economic and Policy Research, dog lover, and new resident of Astoria, Oregon.

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