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.