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Dean Baker
Dean Baker is co-director of the Center for Economic and Policy Research in Washington, DC.

He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. His blog, Beat the Press, features commentary on economic reporting.

He received his Ph.D in economics from the University of Michigan.

He has written numerous books and articles, including The United States Since 1980, Cambridge University Press, March 2007; The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer, Center for Economic and Policy Research, 2006; Social Security: The Phony Crisis (with Mark Weisbrot), University of Chicago Press, 1999; "Asset Returns and Economic Growth," (with Brad DeLong and Paul Krugman), Brookings Papers on Economic Activity (2005); "Financing Drug Research: What Are the Issues," Center for Economic and Policy Research, 2004; "Medicare Choice Plus: The Solution to the Long-Term Deficit Problem," Center for Economic and Policy Research, 2004; The Benefits of Full Employment (with Jared Bernstein), Economic Policy Institute, 2004; "Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services," Center for Economic and Policy Research, 2003; "The Run-Up in Home Prices: Is It Real or Is It Another Bubble," Center for Economic and Policy Research, 2002. His book Getting Prices Right: The Battle Over the Consumer Price Index (M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. He was also the author of the weekly online commentary on economic reporting, the Economic Reporting Review (ERR), from 1996 - 2006.

He has worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council.

His columns have appeared in many major media outlets including the Atlantic Monthly, the Washington Post, and the London Financial Times. He is frequently cited in economics reporting in major media outlets, including the New York Times, Washington Post, CNBC and National Public Radio.

Entries by Dean Baker

Is Donald Trump Serious About Trade, Or Anything?

(8) Comments | Posted July 18, 2016 | 7:54 PM

One of the main themes of Donald Trump's presidential campaign has been the idea of getting tough with our trading partners. He has attacked President Obama and his predecessors for negotiating bad deals. Trump promises to get tough with the Chinese, Mexicans, and other trading partners and thereby bring jobs...

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Right-Sizing The Financial Sector In Post-Brexit Europe

(2) Comments | Posted July 11, 2016 | 10:46 PM

The vote in the UK to leave the European Union (EU) has set off a race among major European financial centers like Paris, Frankfurt, and Milan to capture much of the financial industry that is now located in London. As a result of EU rules, it will be difficult to...

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Bill Gates Could Fund Huge XPrize To End Austerity in Europe

(27) Comments | Posted July 5, 2016 | 9:00 AM

Unfortunately that's not true. After all, we don't expect our multi-billionaire types to be that innovative. But if Gates really did want to help the world, it's hard to envision a better use of $1 billion or so of his money than to post this sort of prize, especially at...

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Full Employment And The Democratic Platform: Hillary Can Fix What Bill Broke

(45) Comments | Posted June 27, 2016 | 9:42 PM

As the 2016 Democratic presidential nominee, Hillary Clinton has the opportunity to correct a mistake made almost a quarter century ago. She can reaffirm the party's commitment to full employment.

In the summer of 1944, a time when the country was still fully enmeshed in World War II,

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빌 게이츠의 엄청난 부의 진짜 비밀

(0) Comments | Posted June 22, 2016 | 1:24 AM

미안합니다, 여긴 빨리 부자가 되는 법을 가르쳐 주는 트럼프 대학교가 아닙니다. 하지만 빌 게이츠가 왜 아주 부자인지 모두가 이해해야 한다. '저작권 보호' 때문이다.

이게 무슨 말인지 잘 모르겠다면, 윈도우와 마이크로소프트 오피스를 마음대로 복제할 수 있고, 어떤 소프트웨어도 돈 주고 살 필요가 없는 세상을 상상해 보라. 내킬 경우 빌 게이츠에게 고맙다는...

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The Secret To The Incredible Wealth Of Bill Gates

(33) Comments | Posted June 20, 2016 | 8:19 PM

Sorry folks, this isn't Trump University, I don't have the plan for you to get rich quick. But it is important for everyone to understand exactly why Bill Gates is very rich. It's called "copyright protection."

If that sounds strange, imagine a world where everyone could make as many...

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Weak Job Numbers Will Delay Fed Rate Hikes

(39) Comments | Posted June 6, 2016 | 5:29 PM

The weak employment report for May should eliminate any possibility that the Federal Reserve Board will raise interest rates at its June meeting next week. At least for this purpose, the bad news is good news.

But we should still be asking why does the Fed have its finger...

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The Elites and the Rise of Donald Trump

(215) Comments | Posted May 30, 2016 | 8:57 PM

Last week marked a milestone. Donald Trump passed the 1,237 threshold of committed delegates that gives him a lock on the Republican Party presidential nomination. Given his public comments on everything from immigration to terrorism, large segments of the population must be viewing his nomination with horror.

The rise...

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Getting High On Interest Rates: What's New at the Fed

(36) Comments | Posted May 23, 2016 | 8:42 PM

The minutes from the most recent Federal Reserve Board Open Market Committee (FOMC) meeting indicate that many of its members are anxious to move forward with more interest rate hikes. The next hit could come as soon as June. This should have the country very worried.

Just for some basic...

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Can Donald Trump Teach Us About the National Debt?

(59) Comments | Posted May 16, 2016 | 7:25 PM

Many people might think that Donald Trump can only teach the country how to offend women, African Americans, and a range of non-European ethnic groups. While that may be his area of expertise, it seems that his rants on dealing with debt may actually provide a teachable moment. As a...

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Will the Trans-Pacific Partnership Turn Silicon Valley Into Detroit?

(83) Comments | Posted May 9, 2016 | 10:07 PM

The proponents of the Trans-Pacific Partnership (TPP) like to describe it as a free-trade deal for the 21st century. That might be a good sales pitch, but it's not accurate. The TPP has little to with reducing trade barriers, which in most cases were already low. The TPP can more...

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The Fed's Urge to Raise Interest Rates

(94) Comments | Posted May 3, 2016 | 9:20 AM

The Federal Reserve Board's Open Market Committee (FOMC) decided not to raise interest rates at its meeting last week. However, the FOMC also made clear that a rate hike was still an option for its June meeting.

The decision to put off a rate hike is good news, but...

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Scamming the Country's Veterans: Efforts to Privatize VA Health System

(276) Comments | Posted April 25, 2016 | 8:38 PM

There are few areas where there is more bipartisan support than the need to provide adequate health care for the country's veterans. While many of us opposed the war in Iraq and other recent military adventures, we still recognize the need to provide medical services for the people who put...

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Patently Absurd Logic On Budget Deficits and Debt

(25) Comments | Posted April 18, 2016 | 8:42 PM

It's spring and the budget deficit hawks are once again singing their scare songs about the deficit and the harm we are doing to our children. This is more infuriating than usual this year, with the story of the poisoning of the children of Flint fresh in our...

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Reining in CEO Pay: Market Discipline at the Top

(0) Comments | Posted April 11, 2016 | 8:45 PM

Ever wonder how top executives like former Republican presidential candidate Carly Fiorina can walk away with $100 million after nearly wrecking a major corporation? The answer is that the market doesn't work the same way at the top as it does for the rest of us. While most of us...

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A Trade Deal for the 21st Century: An Alternative to the TPP

(91) Comments | Posted April 4, 2016 | 9:09 PM

It looks like the major media outlets are doing their full court press to lay the groundwork for the passage of the Trans-Pacific Partnership (TPP). In recent weeks the news and opinion pages have been filled with articles and columns on the wonders of trade and why all good people...

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Think Trump's 45 Percent Tariffs Are Bad? Try Obama's 10,000 Percent Tariffs

(65) Comments | Posted March 28, 2016 | 8:26 PM

Lately the media have been going wild mocking Donald Trump's plans to put 45 percent tariffs on imports from China. They are partly right. It's not clever to indiscriminately impose large tariffs on major trading partners in violation of existing trade agreements.

On the other hand, the projections of...

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Fools or Liars On the Trans-Pacific Partnership?

(77) Comments | Posted March 21, 2016 | 8:34 PM

Given the recent flood of opeds and editorials on the wonders of the Trans-Pacific Partnership (TPP), the Obama administration must be about to present the deal to Congress for approval. Otherwise, it's hard to see why so many pieces would spontaneously appear...

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Global Inequality: Branko Milanovic Takes on the World

(0) Comments | Posted March 16, 2016 | 2:59 PM

Branko Milanovic is one of the world's leading experts on inequality, having spent decades at the World Bank studying patterns within and between countries, before recently joining the Luxemburg Income Studies Center team at City University in New York. He therefore brings an enormous scope of knowledge of recent and...

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The Year of the Angry Economists

(60) Comments | Posted March 14, 2016 | 8:40 PM

The economists are really angry this year. They have cause. Leading presidential candidates in both political parties are trashing the trade agreements that many have devoted their careers to promoting. This is not supposed to happen in the America they know.

Donald Trump has catapulted to the top...

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