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About This Author
Dean Baker is Co-Director of the Center for Economic and Policy Research and author most recently of Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His other books include Getting Back to Full Employment, The Conservative Nanny State, and Taking Economics Seriously. Baker’s commentary on economics reporting can be found at Beat the Press.
There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently?
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