Mike & Friends Blog
Dean Baker is co-director of the Center for Economic and Policy Research in Washington, DC. He writes a weekly column for the Guardian Unlimited (UK), and his blog, Beat the Press, features commentary on economic reporting. His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. He received his Ph.D in economics from the University of Michigan.
Baker is author of many books, including Plunder and Blunder: The Rise and Fall of the Bubble Economy (Polipoint Press, 2009); The United States Since 1980 (Cambridge University Press, 2007); and The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006).
Dean Baker's Blogs
Financial Innovation: What Is It Good For (I)?
Brookings economist Robert Litan picked up the gauntlet thrown down by Paul Volcker and others, and put out a lengthy paper defending the major financial ...
Pushing the Foreign Menace Line to Cut Social Security
The Wall Street-financed crew that is pushing to gut Social Security and Medicare is used to playing fast and loose with facts and logic to ...
Alan Simpson: A Man Who Intensely Wants to Cut Social Security
It is not good news that President Obama picked former Senator Alan Simpson as one of the co-chairs of his deficit commission. Simpson is not ...
Obama and the 'savvy' bankers
In an interview, the US president described the Goldman Sachs CEO as 'savvy'. So how did he and his crew use their wisdom? Last week, ...
Leveling the Political and Economic Playing Field
The Supreme Court ruled last week that corporations could spend as much money as they want in elections, thereby making most existing restrictions on corporate ...
Say Goodbye to Ben
Bernanke's approval is clearly on the ropes. This has prompted the Wall Street and elite media crew to rustle up all the tricks they used ...
The Return of the TARP Hostage Takers
When Congress debated the TARP last fall, the political elites insisted that the bill must be passed immediately or the economy would collapse. For example, ...
Mortgage Modification: Bank Bailouts By Another Name?
The big talk in Washington these days is "helping homeowners." Unfortunately, what passes for help to homeowners in the capitol might look more like handing ...
Bernanke Forgot About His Role In Causing the Great Recession
Ben Bernanke's column in the Washington Post has to be absolutely infuriating to anyone old enough to remember the events of 2008. In this column, ...
The Budget Deficit Crisis: The Blame Is Bipartisan
The country is being bombarded with stories claiming that record budget deficits threaten our children's future and jeopardize the credibility of the dollar. These stories ...
The Independence of the Fed at Risk: Watt versus Paul-Grayson
Representative Mel Watt (D-NC) is out to protect the independence of the Fed from the risk of an intrusive audit from the Government Accountability Office ...
Hostage-Takers in the Senate
As most of us are preparing for the holidays a small clique in the Senate, with their collaborators in the Washington punditry, are planning for ...
The American Bankers Association's 15 Minutes of Fame in Chicago
Like termites, the American Bankers Association (ABA) does most of its damage in the dark. But, the ABA is getting a brief period in the ...
The $200,000 Insult: Come to Chicago
Kenneth Feinberg, President Obama's compensation czar for bailed out banks, appears to have taken some genuine steps to rein in excessive executive compensation at the ...
Take America Back from the Banks
The elites hate to acknowledge it, but when large numbers of ordinary people are moved to action, it changes the narrow political world where the ...
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