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Dean BakerHuffPost |
From most accounts of the justices’ reactions, it seems they were unimpressed with the argument from Donald Trump’s lawyers about

From most accounts of the justices’ reactions, it seems they were unimpressed with the argument from Donald Trump’s lawyers about his power to...

I have harangued reporters for decades over their failure to express big numbers in a context that would make them meaningful to their audiences. For...

With the government shutdown largely over the future of Obamacare, it is a good time to say a bit about

With the government shutdown largely over the future of Obamacare, it is a good time to say a bit about the ridiculous cost of healthcare in the...

I confess to being very much a non-expert on AI. I read pieces in the business press and random articles that more knowledgeable friends pass along....


I confess to being very much a non-expert on AI. I read pieces in the business press and random articles

It is striking that many people feel the need to claim that Donald Trump has some coherent economic plan for the country. It’s understandable that...



A threatened tariff that is never implemented does not hurt the economy as much as a threatened tariff that is

Trump hasn’t taken $2 trillion from taxpayers yet, but we should be prepared for that possibility. The story, which cannot possibly be given too...

Since there is a lot of confusion surrounding the shutdown, I thought it would be useful to go over some of the main points as I understand them. I...


A recurring theme in policy circles over the last three decades has been that young people should blame their economic

A recurring theme in policy circles over the last three decades has been that young people should blame their economic problems on older people. The...


Donald Trump refuses to release the September jobs report. While the ostensible reason is the government shutdown that began October 1, two days...

When I was growing up in Chicago, a local AM radio station had a disc jockey named Larry Lujack. The introduction to his show called him “a legend...

I heard people who read the column I wrote last week on the AI bubble complain that, by rooting for its collapse, I was hoping for the failure of the...

By Jonathan Power I’m just out of the cinema having seen Kathryn Bigelow’s masterful film, A House of Dynamite, about a

A threatened tariff that is never implemented does not hurt the economy as much as a threatened tariff that is

A threatened tariff that is never implemented does not hurt the economy as much as a threatened tariff that is actually implemented. That simple point...

I heard people who read the column I wrote last week on the AI bubble complain that, by rooting for its collapse,


The Trump gang, who invented pet-eating immigrants to help win the election, are also inventing crazy stories about Obamacare wrecking

The Trump gang, who invented pet-eating immigrants to help win the election, are also inventing crazy stories about Obamacare wrecking the health care...

As we go through Trump Shutdown IV, I had a few thoughts to share. Montana Senator Steve Daines – Truth

For the last several years I have relied on real (inflation-adjusted) spending at fast food restaurants as a useful gauge

In 2021, 2022, and 2023, real fast-food spending was growing at an average annual rate of 5.4 percent, considerably faster than the 2.9 percent growth...

Some folks have gotten a bit carried away with the revisions that put the second quarter growth rate at 3.8

Some folks have gotten a bit carried away with the revisions that put the second quarter growth rate at 3.8 percent. That does look impressive in...

Noem Scheiber, the New York Times’ generally excellent labor reporter, had a lengthy background piece that really hit a nerve. The piece

Noem Scheiber, the New York Times’ generally excellent labor reporter, had a lengthy background piece that really hit a nerve. The piece sought to...

The media are often slow to catch up with reality. In decades past we could talk about addressing global warming as a trade-off where we would spend...

Corruption is always a potential problem in government, although if we get beyond the idiocy about the “Biden crime family,”

By now, the Trump White House has a simple strategy for dealing with what it considers bad news: Attack the

By now, the Trump White House has a simple strategy for dealing with what it considers bad news: Attack the messenger. They have pressured TV networks...

There is a popular story circulating in the media that the European countries are in some sort of downward spiral,

There is a popular story circulating in the media that the European countries are in some sort of downward spiral, hopelessly behind the United...

I know many people have been saying in the wake of Charlie Kirk’s killing that we have to reach out

It has become common in recent months for people in the business press to note both that AI stocks seem to be in a bubble and that this bubble is...

Like every other sane person, I was outraged at seeing Jimmy Kimmel getting fired because he was making fun of Donald Trump. (Spare me the crap about...

It has become common in recent months for people in the business press to note both that AI stocks seem

The question for the Fed is whether it has to worry more about inflation or a weak labor market. Last week’s data indicate both are real concerns,...

A few weeks back, Bill Pulte, the Federal Housing Finance Agency Director (FHFA) and the billionaire heir to a housing construction firm, claimed to...

Donald Trump has been boasting about his trade deals with Japan and Korea, where in exchange for buying down the taxes on their imports from 25...

Donald Trump has been boasting about his trade deals with Japan and Korea, where in exchange for buying down the

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just common, but totally legal. His...

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just common, but totally legal. His...

One of the releases from the Bureau of Labor Statistics (BLS) that gets relatively little attention is its annual projections
