If the AI hype is true, we won’t need to worry about fiscal deficits because growth will solve all problems. If they are wrong and the AI bubble bursts, interest rates will fall sharply. Dean […]
The August level of $132.6 billion is the second-highest trade deficit on record, topped only by last year’s March deficit. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) […]
The chipmakers are making money hand over fist, the energy providers are doing okay, the hyperscalers have less to show, and the AI companies are losing bucks bigtime. Dean Baker is a Senior Economist at […]
There is still no evidence of an AI-driven productivity boom after three consecutive quarters of weak productivity growth. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from CEPR […]
Is there an AI bubble? Some key indicators point to one — and when bubbles burst, there can be massive shocks in the housing and job markets that last for years. Dean Baker is a […]
While anything can happen tomorrow, there is zero evidence of this investment boom to date, and factory construction is going the wrong way fast. Read Article HERE
There’s nothing wrong with being the world’s second-largest economy. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from CEPR Graphic licensed under the Creative Commons Attribution-Share Alike 4.0 […]
The rise of the Epstein Class is the result of neo-liberalism, which is destroying the world politically, economically, and the climate. Dean Baker is a Senior Economist at the Center for Economic and Policy Research […]
The only way that we can have 3.0% inflation or higher, is if the profit share continually rises. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from […]
Although written about the USA, the same applies to Europe In addition to reducing our security and jeopardizing the well-being of people around the world, his belligerence will cost us a huge amount of money. […]
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