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Dean Baker
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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

Eric Holder: The Reason Robert Rubin Isn't Behind Bars

(132) Comments | Posted September 29, 2014 | 10:55 PM

The big news item in Washington last week was Attorney General Eric Holder's decision to resign. Undoubtedly there are positives to Holder's tenure as attorney general, but one really big minus is his decision not to prosecute any of the Wall Street crew whose actions helped to prop up the...

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The Mysteries of Inequality Are Only Mysterious to Elites

(70) Comments | Posted September 22, 2014 | 8:56 PM

Developing explanations for the growth in inequality over the last three decades has been a huge growth industry in economics and policy circles. Many economists have made their careers with a novel explanation of how the natural development of technology and the market has concentrated income and wealth in the...

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Obamacare and Family Values: Parents Get to Stay Home With Children

(56) Comments | Posted September 15, 2014 | 9:00 PM

The Affordable Care Act (ACA) was pushed primarily as a way to extend health insurance coverage. This was, and is, an important goal.

However, another important aspect of the ACA is its impact on the labor market. The vast majority of people who are below Medicare age get their...

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The Inflation Fighters Want to Increase the Debt Burden on Our Children

(5) Comments | Posted September 8, 2014 | 9:37 PM

Are you worried about the government running deficits in the hundreds of billions of dollars and a debt in the trillions? If so, then you should be really angry at people calling for the Federal Reserve Board to raise interest rates. If the rate hikers get their way, they will...

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Truth Has No Place in the Attack of Inflation Hawks

(28) Comments | Posted August 25, 2014 | 8:42 PM

There is a growing push by inflation hawks to get the Federal Reserve Board to raise interest rates. They argue that inflationary pressures are picking up steam and if the Fed doesn't move quickly, we will soon be caught up in an inflationary spiral.

If this sounds obscure and...

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Robert Rubin and Martin Feldstein Discover Bubbles

(10) Comments | Posted August 18, 2014 | 9:12 PM

Last week Martin Feldstein and Robert Rubin made their case for the gold medal in the economic policy category of the "show no shame" contest. Their entry took the form of a joint op-ed in the Wall Street Journal warning that the Fed needs to take seriously the...

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The Entitlement of the Very Rich

(3) Comments | Posted August 11, 2014 | 7:48 PM

The very rich don't think very highly of the rest of us. This fact is driven home to us through fluke events, like the taping of Mitt Romney's famous 47 percent comment, in which he trashed the people who rely on Social Security, Medicare, and other forms of...

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Inflation Hawks: The Job Killers at the Fed

(37) Comments | Posted August 4, 2014 | 8:40 PM

Discussions of inflation and Federal Reserve Board policy take place primarily in the business media. That's unfortunate, because these discussions can have more impact on the jobs and wages of most workers than almost any other policy imaginable.

The context of these discussions is that many economists, including some...

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Finance in America: Promoting Inequality and Waste

(6) Comments | Posted July 28, 2014 | 9:25 PM

In the crazy years of the housing boom the financial sector was a gigantic cesspool of excess and corruption. There was big money in pushing and packaging fraudulent mortgages. The country paid a huge price for the financial sector's sleaze.

Unfortunately, because of the Obama administration's soft-on-crime approach to...

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Social Security, Medicare, and Medicaid, Yet Again: Review of Dead Men Ruling

(1) Comments | Posted July 22, 2014 | 12:09 PM

Gene Steuerle is not a standard right-winger who believes that a dollar in the pocket of a middle class or poor person is a dollar that could be in the pockets of the rich. He is a serious budget analyst who has does important work on tax and budget issues...

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Cheap Talk at the Fed

(12) Comments | Posted July 21, 2014 | 8:15 PM

Federal Reserve Board Chair Janet Yellen made waves in her Congressional testimony last week when she argued that social media and biotech stocks were over-valued. She also said that the price of junk bonds was out of line with historic experience. By making these assertions in a highly...

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Fun Accounting and the Export-Import Bank

(2) Comments | Posted July 14, 2014 | 8:27 PM

The establishment types in Washington have become really worried in recent weeks because one of their major troughs, the Export-Import Bank, may not be reauthorized by Congress. The Ex-Im Bank has long been a favored source of below market loans for Boeing, General Electric, and other major companies. If these...

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The Good News About Obamacare in the June Jobs Report

(226) Comments | Posted July 7, 2014 | 9:18 PM

Many people touted the 288,000 new jobs the Labor Department reported for June, along with the drop in the unemployment rate to 6.1 percent, as good news. And they were right. For now it appears the economy is creating jobs at a decent pace. We still have a long way...

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Will India Be the Uber of the Pharmaceutical Industry?

(7) Comments | Posted June 30, 2014 | 8:33 PM

Many self-styled libertarians have been celebrating the rise of Uber. Their story is that Uber is a dynamic start-up that has managed to disrupt the moribund cab industry. The company now has a market capitalization of $17 billion.

While Uber's market value probably depends mostly on its ability to...

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The Sharing Economy and the Mystery of the Mystery of Inequality

(9) Comments | Posted June 23, 2014 | 8:01 PM

Last week I had a fascinating 3:00 a.m. cab ride from San Francisco airport to a hotel in downtown Oakland. My cab driver was an immigrant from Pakistan who was putting two kids through college. After working for years as a driver he managed to save enough money to buy...

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Doing for the Poor and Doing to the Poor

(24) Comments | Posted June 16, 2014 | 8:44 PM

Washington is full of well-meaning types who want to help the poor. The list of prospective helpers includes not only the standard liberal do-gooder types talking about programs like pre-K education, but also conservatives like Paul Ryan who argue that taking away food stamps and other benefits will give low-income...

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Why Do Coal-mining Jobs Matter So Much More Than Jobs Lost to Trade?

(50) Comments | Posted June 9, 2014 | 7:29 PM

When President Obama announced plans to curtail the use of coal over the next 15 years, major news outlets like National Public Radio and the New York Times rushed to do pieces on the prospective loss of jobs in coal-mining areas. There are a bit less...

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The Veterans Affairs Scandal and Plans for Downsizing the Social Security Administration

(13) Comments | Posted June 2, 2014 | 8:17 PM

The media have been rightly focusing their attention on the long waiting lists for veterans seeking medical care, and even worse, the Department of Veteran's Affairs cover-up. Unlike President Obama's birth certificate and the attack on the consulate at Benghazi, delaying or denying care to veterans is really a scandal....

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The Wall Street Pension Scam

(48) Comments | Posted May 27, 2014 | 9:09 PM

In recent years there has been a regular drum beat of news stories warning us about the enormous unfunded liabilities of state and local pension funds. Much of this has come from reports issued from well-endowed foundations, most notably the Pew and Arnold foundations who have a joint project on...

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Stress Test: The Indictment of Timothy Geithner

(0) Comments | Posted May 24, 2014 | 10:31 AM

At one point in his autobiography, Timothy Geithner proudly recounts responding to a question from Damon Silvers, a lawyer with the AFL-CIO who was at the time a member of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP). Silvers had referred to Geithner's background in banking. As...

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