Dean Baker, co-director of the Center for Economic and Policy Research in Washington, DC, is the author, most recently, of False Prophets: Recovering From the Bubble Economy and Taking Economics Seriously.
A second round of responses from economists and wonks to Thomas Geoghegan's Nation essay “What Would Keynes Do?”
10 comments
Deficit hawks argue that excessive government spending drives the US's debt woes. They're wrong.
The market’s worst drop in two years may not signal a double-dip recession. But it certainly underscores the stupidity of Washington’s deficit/debt mania.
A financial activities tax (FAT) would encourage long-term investing and help plug budget deficits. Can states rally to pass them?
Developing policy solutions to reduce inequality is not difficult. Mustering political will to enact them is.
There is an easy way to get unemployed workers back to work: pay them to work shorter hours.
To solve the subprime mortgage crisis, start with aid for vulnerable homeowners, smarter economic policies and a more competent Federal Reserve Board.
As bad as Bush's economic record is, it would appear far worse if not for the housing bubble.


