Dean Baker | TalkMarkets | Page 16
Co-Director at Center for Economic and Policy Research
Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare and European labor markets. He is the author of several books, including "Getting Back to Full Employment: A Better ...more

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Why Did The Market Crash? More Effort To Explain What Didn't Happen
It seems the world's financial markets have stabilized for now, but we're still seeing all the pieces that were written with the expectation of a further plunge.
It Actually Doesn't Feel At All Like 2006: Refusing To Learn The Lesson Of The Housing Bubble
The combined drop in consumption and housing construction led to a loss of annual demand equal to more than 6.0 percentage points of GDP, more than $1.2 trillion in today's economy.
Newer Data Showing Companies Weren't Feeling Inspired By Tax Cuts Last Year
Even though the tax bill was not signed until almost the end of the year, its passage was virtually certain by the middle of the month.
Early Reviews Of Tax Cut Are Not Good: Capital Goods Orders Fall In December
The centerpiece of the Republican tax cut was a big reduction in the corporate tax rate, lowering it from 35 percent to 21 percent.
Mnuchin Is Not Wrong: Secular Stagnation And The Value Of The Dollar
There is no reason that developing countries cannot grow while running trade deficits. That is in fact the textbook story of how they are supposed to grow. And it's not just a textbook story.
Former AIG Director Martin Feldstein Warns Of Stock And Housing Bubbles
If the inflation rate had been close to 4.0 percent going into the downturn, pushing the short-term rate to zero would imply a real interest rate of minus four percent.
Taxing Money: The Goodfriend Approach To Monetary Policy
At a time when the inflation rate has been consistency been well below the Federal Reserve Board's 2.0 percent target, Donald Trump has nominated Marvin Goodfriend to fill one of the Fed's vacant governor positions.
Without Rent, Inflation Is Way Below Fed's 2.0 Percent Target
By slowing new construction, higher interest rates are more likely to increase rather than decrease rents, unless the rise goes far enough to lead to a recession and thereby substantially reduce demand.
The Trump Tax Cuts’ Secret Santa
No one should have any doubt about the main impact of the Republican tax cuts. These tax cuts are about giving more money to the richest people in the country.
Higher Wages Can Boost Productivity, But Wages Are Already Growing
This rise in wages is the result of the fact that the Fed allowed the unemployment rate to keep falling to its current 4.1 percent rate rather than hiking interest rates enough to keep it near the 5.0 percent level.
Explaining The Evils Of Debt And Deficits, One More Time
Since patent and copyright rents dwarf interest on the debt, we should assume that the debt-deficit hawk gang really don't care about our kids or are extremely confused about economics.
The United States Is Not As Low Tax As It Seems
The actual amount the federal government pulls in as tax revenue is only a part of the way that it directs resources in the economy. Other countries employ these other devices as well, but not to the same extent as the U.S. government.
Imagining Tax Debate Was In The Real World: Suppose Productivity Growth Is Already Up
The main claim of proponents of the Republican tax bill is that lowering corporate taxes will lead to a surge in corporate investment. This is supposed to lead to more rapid productivity growth and therefore higher wages.
Yes, Wages Are Growing
The jobs report for October showed the unemployment rate falling to 4.1 percent, the lowest rate in almost 17 years.
How Will Reducing U.S. Taxes On Foreign Operations To Zero "Lure" Companies To Bring Jobs Back To The U.S.?
While there is no plan at the moment, the reports to date have said the Republicans want to shift to a territorial tax under which companies don't pay U.S. tax on their foreign profits.
Folks Who Believe In Secular Stagnation Don't Think The Trade Deficit Is Determined By The National Savings-Investment Balance
The idea of "secular stagnation," which means that the economy is suffering from a shortfall in demand, has been endorsed by numerous prominent economists, like Paul Krugman, Larry Summers, and Ben Bernanke.
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