Tags » Dean Baker

US Economy Adds 151,000 Jobs in January

The US economy added 151,000 jobs in January. There were largely, however, offsetting revisions to the prior two months data, leaving the average change over the last three months at 231,000. 51 more words

M Vernengo

Breaking the Economy to Save the Wealthy

In November 2015, FiveThirtyEight posted, The Economy is Better. Why Don’t Voters Believe It? of which I noted they didn’t seem to believe their own explanation. 708 more words

Politics

So many culprits!

That´s what you get when you do GDP component analysis. Sounds smart but is utterly useless:

Macroeconomics should be about aggregates, not components of spending. 

311 more words
Monetary Policy

Book Review: Dean Baker - The Conservative Nanny State

Hyperbrief summary: Conservatives are disingenuous about their views on government intervention and liberals fall for it.

Recommended?: Yep, especially as it’s available free.

Dean Baker… 995 more words

Politics

...greece, an odyssey from debt to deliverance...

…no need for charon or cerberus…

Brazil has a population of some 200 million, compared with Greece with one of some 11 million.

So we set sail with a teaser from down south. 888 more words

Democracy

...'free trade', corporate free-for-all? the fault, dear Ralphie, is not in...

…our stars, but in ourselves, that we are neither corporations nor their lackeys…

And the challenge could not be more insurmountable, as Rex-cum-President would hold court among his fawning supplicants, and is interrupted by an interloper,  966 more words

Economics

Fact checking scribblers on economic issues

Tough job, that. There is indeed much to be said for ignoring the corporate MSM. ‘Errors and omissions’ seems to be the new normal, which suggests continued orientation to the blogs and alternative media to be better informed and to be rid of the corporate agenda. 232 more words

Economics