> I could..[did elsewhere]... go on. The rules of corporate governance that allows CEOs and other top executives to rip off their companies, and skew the pay structure, were not dictated by the market. The special treatment that Mark Zuckerberg and Elon Musk’s social media platforms get relative to print or broadcast media as a result of Section 230 was also not the result of the market.

https://cepr.net/publications/new-york-times-pushes-blatant-lies-about-neoliberalism/
#CEPR #DeanBaker #EconomicNews #NepLiberalism #NeoLibLies

"Suppose your doctor suddenly insisted that you needed to follow a strict diet and exercise regimen. He said he realized you had a serious problem when he divided your height by your birthday, and it came out way too high. You would probably decide that you need a new doctor.

This is basically the story of Donald Trump’s new round of import taxes (tariffs) on our trading partners. Trump somehow decided that trade was bankrupting the country, even though we were creating jobs rapidly, the economy was growing at a strong pace, and inflation was slowing to normal rates when he took office."

cepr.net/publications/dr-trump…

#CEPR #DeanBaker #BeatThePress #USPolitics #Trump

> The report also features state-level estimates, which show that teachers were paid less than other college graduates in every state. In seven states, the teacher pay penalty exceeded 30%, with the widest gap being in Colorado (38.4%), Arizona (32.9%) and Virginia (32.0%).

https://www.cepr.net/teachers-pay-rises-but-not-enough-to-shrink-pay-gap/
#USATeachers #TeacherPayGap #CEPR

[en] Research experiment: Revealing personal susceptibility to fake news

"... ranking of fake news as the most severe global short-term risk ..."

"We designed a survey for a randomised control trial information provision experiment to exogenously shift individuals’ beliefs about their perceived susceptibility to fake news. ..."

https://cepr.org/voxeu/columns/fake-news-susceptibility-awareness-and-solutions

#misinformation #disinformation #polarisation #polarization #socialmedia #echochamber #fakenews #manipulation #deepfakes #cepr

Economist Dean Baker on upcoming US Federal Trade Commission hearings on non-compete clauses, which have spread well beyond highly paid employees:

"Anyone who thinks that making [non-competes] unenforceable would be a case of the government interfering in the market needs to think further. The government *always* decides what sort of contracts it will enforce."

https://cepr.net/noncompete-clauses-markets-are-made-not-given-by-nature/

#economics #economicpolicy #noncompetes #cepr