Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more

Getting Prices Right: The Debate over the Accuracy of the Consumer Price Index (Economic Policy Institute) Paperback

ISBN-13: 978-0765602220 ISBN-10: 9780765602220

See all 3 formats and editions Hide other formats and editions
Amazon Price New from Used from Collectible from
Hardcover
"Please retry"
$44.85
Paperback
"Please retry"
$10.50

Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student



NO_CONTENT_IN_FEATURE

Big Spring Books
Editors' Picks in Spring Releases
Ready for some fresh reads? Browse our picks for Big Spring Books to please all kinds of readers.

Product Details

  • Series: Economic Policy Institute
  • Paperback: 200 pages
  • Publisher: M E Sharpe Inc (October 1997)
  • Language: English
  • ISBN-10: 9780765602220
  • ISBN-13: 978-0765602220
  • ASIN: 0765602229
  • Product Dimensions: 9 x 6 x 0.6 inches
  • Shipping Weight: 10.7 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #988,007 in Books (See Top 100 in Books)

More About the Author

Dean Baker has written extensively on the bubble economy over the last decade and was one of the first economists to recognize the stock and housing bubbles and explicitly warn of the risk of their collapse. Previously a senior economist at the Economic Policy Institute and a consultant to the Joint Economic Committee of the U.S. Congress. Baker now co-directs the Center for Economic and Policy Research in Washington, DC. His blog at American Prospect, 'Beat the Press,' features commentary on economic reporting. In addition to Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPointPress, 2008), he has written The United States Since 1980 (Cambridge University Press, 2007) and The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006). His columns have appeared in the Atlantic Monthly, the Washington Post, the Financial Times, the Guardian, American Prospect, and Truthout. He received his Ph.D. in economics from the University of Michigan.

Customer Reviews

5.0 out of 5 stars
5 star
1
4 star
0
3 star
0
2 star
0
1 star
0
See the customer review
Share your thoughts with other customers

Most Helpful Customer Reviews

14 of 14 people found the following review helpful By A Customer on April 24, 1998
Format: Paperback
This is a must read for anyone interested in getting prices right. The debate over prices concerns both public policy and pure economic research. The Boskin Commission claimed that the CPI overstates inflation and recommended that measures of inflation be ajdusted to correct for this. This recommendation was quickly embraced by many in the economics profession. It has also had an impact on public policy debate, particularly as regards indexation of social security. The first half of the book presents the Boskin Commission's findings verbatim, and supporters of overstatement are able to speak for themselves. The second half presents Dr. Baker's deconstruction of the Commission's findings. One part of his criticism involves the presentation of technical arguments and instances of CPI understatement. However, the most compelling part is Dr. Baker's reconstruction of recent U.S. economic history using Boskin's implied measure of prices. He shows that 50% of families were apparently living below the 1994 poverty level in 1960. This is implausible. Protagonists of the debate will no doubt continue slinging instances of over- and understatement of prices at each other. However, until supporters of CPI overstatement can explain away Dr. Baker's findings about implied poverty levels, their arguments will ring hollow.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Product Images from Customers

Search
ARRAY(0xa8e7dcb4)