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The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer: How the Wealthy Use the Government to Stay Rich and Get Richer Paperback – May 10, 2006
| Dean Baker (Author) Find all the books, read about the author, and more. See search results for this author |
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- Print length113 pages
- LanguageEnglish
- Publication dateMay 10, 2006
- Dimensions5.98 x 0.3 x 9.02 inches
- ISBN-101411693957
- ISBN-13978-1411693951
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Product details
- Publisher : Lulu.com (May 10, 2006)
- Language : English
- Paperback : 113 pages
- ISBN-10 : 1411693957
- ISBN-13 : 978-1411693951
- Item Weight : 6.6 ounces
- Dimensions : 5.98 x 0.3 x 9.02 inches
- Best Sellers Rank: #523,422 in Books (See Top 100 in Books)
- #109 in Income Inequality
- #279 in Macroeconomics (Books)
- #938 in Economic Conditions (Books)
- Customer Reviews:
About the author

Dean Baker co-founded CEPR in 1999. His areas of research include housing and macroeconomics, intellectual property, Social Security, Medicare and European labor markets. He is the author of several books, including Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. His blog, "Beat the Press," provides commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in Economics from the University of Michigan.
His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. He received his Ph.D in economics from the University of Michigan.
Dean has written several books, his latest being Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer (Center for Economic and Policy Research 2016). His other books include Getting Back to Full Employment: A Better Bargain for Working People (with Jared Bernstein, Center for Economic and Policy Research 2013), The End of Loser Liberalism: Making Markets Progressive (Center for Economic and Policy Research 2011), Taking Economics Seriously (MIT Press 2010) which thinks through what we might gain if we took the ideological blinders off of basic economic principles; and False Profits: Recovering from the Bubble Economy (PoliPoint Press 2010) about what caused — and how to fix — the current economic crisis. In 2009, he wrote Plunder and Blunder: The Rise and Fall of the Bubble Economy (PoliPoint Press), which chronicled the growth and collapse of the stock and housing bubbles and explained how policy blunders and greed led to the catastrophic — but completely predictable — market meltdowns. He also wrote a chapter ("From Financial Crisis to Opportunity") in Thinking Big: Progressive Ideas for a New Era (Progressive Ideas Network 2009). His previous books include The United States Since 1980 (Cambridge University Press 2007); The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research 2006), and Social Security: The Phony Crisis (with Mark Weisbrot, University of Chicago Press 1999). His book Getting Prices Right: The Debate Over the Consumer Price Index (editor, M.E. Sharpe 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year.
Among his numerous articles are "The Benefits of a Financial Transactions Tax," Tax Notes Vol. 121, No. 4 (2008); "Are Protective Labor Market Institutions at the Root of Unemployment? A Critical Review of the Evidence," (with David R. Howell, Andrew Glyn, and John Schmitt), Capitalism and Society Vol. 2, No. 1 (2007); "Asset Returns and Economic Growth," (with Brad DeLong and Paul Krugman), Brookings Papers on Economic Activity (2005); "Financing Drug Research: What Are the Issues," Center for Economic and Policy Research (2004); "Medicare Choice Plus: The Solution to the Long-Term Deficit Problem," Center for Economic and Policy Research (2004); The Benefits of Full Employment (also with Jared Bernstein), Economic Policy Institute (2004); "Professional Protectionists: The Gains From Free Trade in Highly Paid Professional Services," Center for Economic and Policy Research (2003); and "The Run-Up in Home Prices: Is It Real or Is It Another Bubble," Center for Economic and Policy Research (2002).
Dean previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has also worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council. He was the author of the weekly online commentary on economic reporting, the Economic Reporting Review (ERR), from 1996–2006.
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Mr. Baker makes three major proposals that effectively turns the table on conservative free-market ideologues. The first pertains to eliminating protections that are currently afforded to professionals; he believes that this would drive down medical and legal costs and, by extension, increase the purchasing power of the working class. The second is to democratize the Federal Reserve so that its bias towards creating excess unemployment in order to protect the profits of the banking industry is curbed. The third is to reduce health care costs by opening the industry to government competition, allowing individuals and businesses to purchase coverage through Medicare. In all three cases, the author suggests that free marketeers would have nothing to fear in these proposals if they truly believed their narratives about the supposed superiority of the markets and the private sector to government-run programs.
One only wishes that some of the author's arguments were laid out in greater length. While Mr. Baker occasionally cites the experiences of other nations as points of comparison -- such as when comparing health care costs in the U.S. with other countries -- he does not go into any detail about the trade-offs or unintended consequences that might emerge as a result of pursuing these policies. For example, one might imagine that many of the private insurance companies that currently provide health care coverage could fail if they had to suddenly compete with more efficient, government-managed entities. The disastrous Town Hall meetings of 2009 which became a platfom for those defending the status quo makes the point that the author could have done much more to prepare us to anticipate and address at least some of the most obvious objections and counterarguments to his proposals.
Still, Mr. Baker has performed a great service by showing how we might pursue policies that can begin to restore economic justice in the U.S. I recommend this thought-provoking book to everyone.
Baker's gift is his ability to identify how Public Relations firms/conservative think tanks manipulate opinion to spin agendas which are not in the public interest. My favorite one is "Tort Reform".. Baker points out how Mainstream conservatives push legislation which interfere/discourage citizens from obtaining lawyers. So much for allowing the free association of individuals to form a contract...
Many good reviewers for this one.
I highly recommend this book.




