Search Results for: Dean Baker

Apr
16
2015

Politicians Bragging About Exports While Ignoring Imports? That’s Just Gross

Auto assembly line (cc photo: Spencer Cooper)

Thirteen former Democratic governors urged Congress to approve fast-track trade authority to facilitate the passage of the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Pact (TTIP). The most newsworthy aspect of the letter is that the governors apparently do not understand the basic economics of trade.

Apr
09
2015

Three Fake Myths–and Two Actual Ones–About TPP Trade Pact

TPP nation leaders (photo: Chile)

The ultimate myth is that the Trans-Pacific Partnership is about anything other than corporate profits.

Mar
25
2015

The Case Against Raising Interest Rates Is Simple, Despite WaPo's Efforts to Confuse It

The question here is pretty simple, in spite of Robert Samuelson’s efforts to sow confusion. There is very little plausible benefit from raising interest rates and slowing the economy at a point where the economy is far below its potential by almost any measure.

Mar
16
2015

Mind-Reading NYT Columnist Should Stick to His Day Job

Most of us recognize that politicians don’t always reveal their true thoughts. We know what they say their priorities are, but only a mind-reader would try to tell us what they really think.

Mar
10
2015

Yes, Wall Street Journal, It's Possible to Be Not Generous Enough

Clearly there are judges who are too lenient and accept claims that probably should be denied; however, there are also judges who are too harsh and reject claims that should probably be approved.

Mar
05
2015

WaPo Lets Slip Why Dollar Is Over-Valued

An over-valued dollar hurts the workers who are subject to international competition to the benefit of workers who are largely protected from international competition.

Feb
24
2015

Robert Samuelson's 'Golden Age' Mythology

Robert Samuelson says if we had kept up the rates of productivity growth we had until 1973, it would have mattered much more to middle-income families’ living standards than the rise in inequality since 1980. This is true in the sense of “if I were six feet five inches, I would be taller than I am,” but it’s not clear what we should make of the point.

Feb
19
2015

NYT Hopes India Can Avoid China's Plight: a High-Paid, Well-Educated Workforce

A front-page lead New York Times story is mainly valuable for the insight it provides into what the Times considers to be a healthy economy–and who that economy is supposed to benefit.