Manufacturing Dissent Since 1996
New interviews throughout the week

From the Eurozone to Wall Street, bad loans are good business for bankers.


Right now most of the debt is owed to official creditors – meaning governmental agencies like the European Central Bank, the EU and the IMF. They bailed out the lenders. So somehow we’re seeing it as appropriate that the borrowers have to pay a big price, but the lenders are let off the hook.

Economist Dean Baker challenges the selective morality of Eurozone economics, then digs into TPP drug price politics and the financial expert bubble.

Dean has been writing about debt, austerity and the future of the Eurozone in the articles Greece Does Battle With Creationist Economics: Can Germany Be Brought Into the 21st Century? and Will the United States End Up Like Greece? The Risks of the Trans-Pacific Partnership for Truthout.

Share Tweet Send



Dean Baker

Dean Baker is co-director of the Center for Economic and Policy Research.


Related Interviews
Penny M. Von Eschen
Aug 23 2022
Ron and gorby

Lessons From The Cold War / Penny M. Von Eschen

Susan Paulson
Jun 21 2022
Sunrise dam gold mine open pit 11

Strategy & Degrowth / Susan Paulson

More with Dean Baker