Sunday, November 13, 2011

Occupied Media: Interview With Dean Baker

I'm extremely pleased to present the most recent Occupied Media installment, our interview with economist Dean Baker. Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, including, most recently, The End of Loser Liberalism: Making Markets Progressive. He regularly blogs at Beat the Press, which features commentary on economic reporting.

We discuss Dr. Baker's diagnosis and prescriptions for the economy. Unlike most of the econ folks I've spoken with, Dr. Baker expressed specific concern with our trade imbalances and argues making the dollar more competitive is important for recovery from our short-term economic crisis. Additionally, Dr. Baker has some really interesting ideas for tackling the housing crisis, including giving foreclosed upon homeowners the right to rent their former home for a significant period of time - an interesting solution that would give homeowners in default much-needed leverage in their negotiations with lenders.

Thanks, as always, to everyone with the Occupy Missoula Communications Working Group and a huge thanks to video editor Paul Shockey who took days fixing the sound on this video.

It is Occupied Media's sincere hope that other occupations and/or supporters of OWS will contribute videos to the Occupied Media project - interviews, teach-ins, how-to videos, music videos and so on (really anything in a video format). Please direct all inquiries and video submissions to:



  1. I was not satisfied with Dean Baker's dismissal of debt restructuring as insignificant. I hope someone is in a position to question him on why he differs with Axel Leijonhuvfud on this, who thinks consumers balance sheets (debt restructuring) is essential. You seem to be familiar with this eg,

  2. I know, I was really pretty surprised by it. I questioned him a little and he had some basis (if I recall) in terms of consumer spending, etc. But I think you could tell in the interview that I was a little taken aback.

  3. Try Steven Keen on the role of private debt in general in this Great Recession.

    I would suggest Thomas Palley on trade imbalances. You are correct in suggesting the trade issues are central to our economic woes

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