by Dean Baker | Sep 17, 2014 | Financial Reform
Monday marked the sixth anniversary of the collapse of Lehman Brothers. The investment bank’s bankruptcy accelerated the financial meltdown that began with the near collapse of the investment bank Bear Stearns in March 2008 (saved by the Federal Reserve and JPMorgan)...
by Dean Baker | Sep 15, 2014 | Health
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...
by Dean Baker | Sep 9, 2014 | Economy
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,...
by Dean Baker | Sep 2, 2014 | Economy
In recent decades the news for the country’s workers and the labor movement has been mostly bad. We’ve seen stagnant wages, declining unionization rates, anti-union court rulings, and for the last six years mass unemployment as the labor market is still far from...
by Dean Baker | Aug 20, 2014 | Economy, Jobs and Growth
The Washington Post had an article on grassroots efforts to try to influence the Federal Reserve Board's decisions on monetary policy. It would have been helpful if the piece provided more background on the Fed's institutional structure and decision-making process....
