Last month the government announced plans to sell the stock it obtained in November of 2008 as part of its bailout package…
Dean Baker
With the nation’s unemployment rate still hovering close to 10% — more than 12% in California — and the typical unemployment spell…
There is growing momentum to do something about the over-valuation of the dollar. This is a good thing. The over-valuation of the…
The headlines about Greece’s financial problems have provided a great backdrop to renewed attacks from the deficit hawks on Social Security and…
Most projections now show that the Organization for Economic Co-operation and Development countries will have extraordinarily high rates of unemployment for several…
That is a question that members of Congress should be asking. The Humphrey Hawkins Full Employment Act, which governs the Fed’s operation,…
It has been more than three years since the housing bubble began to deflate. During this time, nationwide house prices have fallen…
The political establishment continues to be obsessed with the victory of Scott Brown in the Massachusetts Senate race. In fact, they are…
The country faces a serious crisis in the form of a manufactured crisis over the budget deficit. This is a crisis because…
Ever since Keynes wrote The General Theory in the 30s, economists have understood the mechanism for escaping the sort of slump the…