Taking May Off

May 01, 2022

01 Mayo 2022

I will be vacationing for the month, so it is unlikely that I will post anything until the end of the month. See you then.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Surge in Imports and the Drop in GDP: Offloading the Ships Lined Up Offshore

By Dean BakerDean Baker

April 29, 2022

29 Abril 2022

Rather than being a bad report with a drop in GDP, this report is overwhelming good news. This rise in inventories is exactly what we want to see if inflation is to be slowed.

• Economic Crisis and RecoveryCrisis económica y recuperaciónGlobalization and TradeGlobalización y comercio

There is No Political Constituency for Free Trade, it’s Just a Term Used to Justify Screwing Workers

By Dean BakerDean Baker

April 28, 2022

28 Abril 2022

What passes for free trade is a policy of removing barriers to allow low cost manufactured goods to enter the United States without restrictions. This puts downward pressure on the pay of manufacturing workers.

• Economic Crisis and RecoveryCrisis económica y recuperación

President Biden and the Price of Gas

By Dean BakerDean Baker

April 27, 2022

27 Abril 2022

If there is a president to blame for high oil prices it would be Donald Trump. He actually boasted about arranging for OPEC to reduce its production of oil during the pandemic.

• Economic Crisis and RecoveryCrisis económica y recuperación

Two Routes to Lower Inflation

By Dean BakerDean Baker

April 26, 2022

26 Abril 2022

Recounting our historical track record in bringing inflation down after surges that came from fundamentally different sources, is not necessarily useful in describing our prospects for bringing down the current inflation spike.

• Intellectual PropertyPropiedad Intelectual

Corruption in Drug Patents: Take Away the Money

By Dean BakerDean Baker

April 18, 2022

18 Abril 2022

It’s great to see the New York Times recognize the abuses of the patent system. It would be even better if it opened its pages to discussion of alternative mechanisms for financing innovation.

Repealing Section 230 to Downsize Facebook and Twitter

By Dean BakerDean Baker

April 16, 2022

16 Abril 2022

There is no good reason that Internet intermediaries should be exempt from the same sort of liability for spreading defamatory statements as print or broadcast media.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Wall Street Journal Doesn’t Have Access to Data from the Bureau of Labor Statistics

By Dean BakerDean Baker

April 16, 2022

16 Abril 2022

So, where does the Wall Street Journal see its millions of missing workers?

• Economic Crisis and RecoveryCrisis económica y recuperaciónIntellectual PropertyPropiedad Intelectual

Fighting Inflation the Fun Way: Starting at the Top

By Dean BakerDean Baker

April 14, 2022

14 Abril 2022

If we want to reduce inflationary pressures there are a whole set of policies that would lower the incomes of people at the top of the income ladder. Unfortunately, we are not likely to go this route.

• Economic Crisis and RecoveryCrisis económica y recuperación