by Dean Baker | Aug 19, 2014 | Retirement Security
Most of the people who closely follow the Federal Reserve Board’s decisions on monetary policy are investors trying to get a jump on any moves that will affect financial markets. Very few of the people involved in the debate over the future of Social Security pay much...
by Dean Baker | Jun 2, 2014 | Blog
Robert Samuelson is correct to point out that income inequality in the United States at present is not anything like what it was back in the 1920s because of the social welfare state. We have programs like Social Security, Medicare, Medicaid, and food stamps that are...
by Dean Baker | Apr 29, 2014 | Economy
President Obama's chief economist, Jason Furman, weighed in behind efforts to privatize Fannie Mae and Freddie Mac last week. The main plan on the table is a bill forward by Senators Tim Johnson and Mike Crapo, the chair and ranking member, respectively, on the Senate...
by Dean Baker | Apr 16, 2014 | Economy
We all owe a debt to Thomas Piketty and his various co-authors for hugely advancing our understanding of income distribution at the top. As a result of their work, we now have a much clearer picture of the big gainers over the last three decades and the process that...
by Dean Baker | Jan 29, 2014 | Trans-Pacific Partnership
With the New Year the corporate lobbyists and the Obama administration are stepping up their drive for passage of the Trans-Pacific Partnership (TPP), the new trade deal being negotiated in secret by the United States and eleven countries in the Pacific region. The...