Tags » Dean Baker

How Can Obama Fix Overtime Pay?

Originally published in The JHU Politik on April 13th, 2014.

The Obama administration recently announced plans to revise overtime pay regulations under the Fair Labor Standards Act (FLSA). 656 more words

Haiku of the Day

Economists speak / softly — listen close! for they / echo far and wide.

Quote of the Day

“We are becoming the servants in thought, as in action, of the machine we have created to serve us.” –John Kenneth Galbraith,  44 more words

OpEdNews - Dean Baker - Money In Hyping The Generational War Story - 19 March 2014

Source: Smirking Chimp

At the same time that we are seeing growing support for proposals to increase Social Security benefits it appears that we are witnessing another set of calls for generational warfare. 44 more words

Article

An aging population won’t make America poor

Technological advances will demand fewer workers and could offset the impacts of an aging workforce.

FORTUNE – Virtually the entire economics profession failed to recognize the housing bubble and the devastating impact that its collapse would have on the economy. 822 more words

Term Sheet

APolitical DoD Budget Blues - Part II

The folks at the Center for Strategic and Budgetary Assessments are hyperventilating about the contradictions in the 2015 defense budget submitted by the Administration.  At the center of their concerns is that the budget was modified at the last minute to propose an Army and Marine Corps end strength of 440-450,000 and 182,000 respectively, and Navy carrier levels at 11. 662 more words

Project Management

3/14/14...a nation of sheep

Quote of the Day from the Friars Club Encyclopedia of Jokes: “I’m now at the age that I have to prove that I am as good as I never was.” – Rex Harrison…so it TB! 1,595 more words

Economy

Why We Need Full Employment Policies Now

Awhile back, Dean Baker at the Center for Economic and Policy Research published a (free) book castigating progressives for “loser liberalism.” We’ve played into the hands of conservatives, he argued, by failing to focus on how they’ve structured markets to “redistribute income upward.” 790 more words

Employment