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Dean BakerEarlier this week, we cross-posted a brief essay by one of the nation’s best economists, Dr. Dean Baker of the Center for Economic and Policy Research, in which he thoughtfully and professionally dissected and demolished the claims made by a Raleigh conservative think tanker in a Wall Street Journal piece. The think tanker’s central claim was that the state’s harshest-in-the-nation cuts to unemployment insurance had spurred all kinds of wonderful economic results in North Carolina.

Apparently not content to be put in his place just once, the think tanker posted a fairly snarky attempt at a response yesterday and today, with an almost audible virtual sigh, Baker took to his keypad (and the CEPR blog) to provide a few more lessons in basic economics. We’ve cross-posted his addendum below:

Addendum:

I see John Hood has replied to my post. Apparently he thinks that if we play games with the start and end dates we can say cutting benefits worked.

Okay, I don’t know what games they play in North Carolina, but let’s just remember what is at issue. The argument for cutting benefits was that if the state pushed people off unemployment insurance (UI) they would be motivated to get a job. We know that North Carolina pushed lots of people off UI. The question is whether there is any evidence this led more people to get jobs.

That gives us two numbers to focus on, Read More

Dean BakerIn case you missed it, be sure to check out the latest from one of the nation’s sharpest economists, Dr. Dean Baker on the one-year anniversary of North Carolina’s harshest-in-the-nation cuts to unemployment insurance. In a post that originally appeared on the website of Baker’s Center for Economic and Policy Research, Baker specifically takes one of North Carolina’s right-wing think tank denizens to task for his recent column in the Wall Street Journal celebrating the cuts.

As Baker notes, the local pundit is simply and plainly wrong in his contention that the cuts are responsible for a job boom in the state — or that such a boom is even occurring: Read More

Dean BakerEconomist extraordinaire Dean Baker has a great post on The Guardian this morning about conservative ideologues and their stubborn (but gradually failing) defense of “climate denialism.”

As Baker notes, the right likes to pretend that it’s all about rugged individualism and curbing “entitlements” but a closer look at the facts often reveals a different reality. The Cliven Bundy case was a classic example as is the recent hullabaloo over President Obama’s new carbon reduction standards:

“The argument against taking steps to reduce carbon emissions is an argument that we have the right to impose the costs and risks on others without taking responsibility. It is essentially like arguing that I have the right to throw sewage on my neighbor’s lawn because I would find it inconvenient to build a proper sewage disposal system…. Read More

Dean BakerIt will be a full house, but a few seats still remain for tomorrow’s NC Policy Watch Crucial Conversation luncheon with one of the nation’s leading economists, Dean Baker. Pre- registration is required and ends tonight. Don’t miss the opportunity to hear from this knowledgeable and important voice at this critical time. Here are the basics:

When: Wednesday, March 26 at noon — Box lunches will be available at 11:45 a.m.

Where: Center for Community Leadership Training Room at the Junior League of Raleigh Building, 711 Hillsborough St. (At the corner of Hillsborough and St. Mary’s streets)

Cost: $10, admission includes a box lunch.

Click here for parking info.

Click here to register.

Click here for more information.

Dean BakerDon’t get shut out of next Wednesday’s N.C. Policy Watch- N.C. Budget and Tax Center Crucial Conversation luncheon with one of America’s most important and insightful economists, Dean Baker.

Click here to register

Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is frequently cited in economics reporting in major media outlets, including The New York Times, The Washington Post, CNN, CNBC and NPR. He writes a weekly column for theguardian.com, The Huffington Post, Truthout and his blog, Beat the Press,, which features commentary on economic reporting. His analyses have appeared in many major publications, including The Atlantic, The Washington Post, the Financial Times, and the Daily News (New York). He received his doctorate in economics from the University of Michigan. Read More