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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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PricingOnly free issuesPublishesDaily
Issues527Founded2 years agoLast Issue3 days ago
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Latest Issues

France’s Debt Problem is an AI Problem

Since everyone who is anyone is writing about France’s fiscal situation, I thought I would throw in my two cents. The basic story is that with the recent jump in interest rates, France’s fiscal situation looks very difficult to solve. Unlik...

3 days ago
34
4

Mortgage Rates Hitting Century Highs

With beef and diesel prices hitting record highs, can mortgage rates be far behind? In fairness, Trump would have a long way to go to match the double-digit rates baby boomers saw when they first might have been entering the housing market,...

4 days ago
36
1

Under Trump, Foreigners are Ripping Us Off More Than Ever: Trade Deficit Jumps in August

In Realityland, a trade deficit is not necessarily a big deal. There can be issues with a deficit, like when the rapid expansion of imports at the start of the century cost us millions of manufacturing jobs, but ordinarily modest trade defi...

5 days ago
33
1

Fighting Big Money in Politics: California’s Community News Act

Virtually everyone who is not a billionaire, or owned by one, agrees that we have to limit the ability of the rich to buy elections. While the Republican Party has taken “policy for sale” politics to a new level, there are plenty of Democra...

6 days ago
25
5

An AI Bubble Death Watch: When the Financing Gets Crazy, the End Could be Getting Near

As the collapse of the housing bubble approached the financing got ever crazier. In 2005, interest-only loans accounted for 23% of all mortgages, according to the Mortgage Bankers Association. An interest-only loan may not sound like a good...

7 days ago
69
17

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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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