Articles by Dean Baker
We found 3 results.
The Ongoing Epidemic of Corporate Crime
Dean Baker – Al Jazeera,
5 Oct 2015
Volkswagen is just the latest scandal from an epic decade of white-collar criminality. Reforming the SEC will not by itself be sufficient to reverse the corporate crime epidemic, but it would be a big step in the right direction.
→ read full articleInequality: The Silly Tales Economists Like To Tell
Dean Baker – Al Jazeera,
5 Nov 2012
Some economists don’t get paid to know about the economy, but to justify the trickle-up of wealth. Hence we can look forward to many more people telling us that all the money going to the rich was just the natural workings of the economy. When it comes to all the government rules and regulations that shifted income upward, they just don’t know what you’re talking about.
→ read full articleEconomists Tell the Masses: “It Could Have Been Worse”
Dean Baker – Truthout,
9 Aug 2010
Given the high pay for this profession, it was reasonable to expect that economists would be able to see something like the $8 trillion housing bubble that eventually wrecked the economy when it collapsed. But you can count on your fingers the number of economists who raised warnings about the housing bubble. The rest either did not see it, or didn’t think it worth mentioning. Unlike dishwashers and custodians, economists are not held accountable for the quality of their work.
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