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Wages and Prices: Who Is Keeping Up With What?

Dean Baker Center for Economic and Policy Research
Since President Biden took office, the media have run a constant stream of news stories about how high various prices were and telling their audiences that this has led to mass suffering.

AI, Job Loss, and Productivity Growth

Dean Baker CEPR
The moral of the story is that there is nothing about AI technology that should lead to mass unemployment and inequality. If those are outcomes, it will be the result of how we structured the rules, not the technology itself.

labor

An Idea Whose Time has Come: the Four-Day Workweek

Leah Hancock The Baltimore Sun
Four-day workweek pilots are emerging across the globe, with some companies now shifting from the pilot phase to implementing the policy permanently. Beyond the U.S., political leaders are voicing support for the concept.

books

How to Save the World from Financialization

Gregory N. Heires Portside
Long before the 2008 financial collapse rocketing, debt and financial wizardry masked the deep underlying fragility of finance-led growth, with wages and productivity stagnating, inequality exploding and ecological systems teetering.
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