Economic Update

Professor Richard D. Wolff

Economic Update explores complex economic issues and empowers listeners with information to analyze not only their own financial situation but the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets, and government policies.

All Episodes

On this week's show, Prof. Wolff talks about teacher burnout economics, inflation as an employer-employee fight, the "labor shortage" isn't, "Build Back Better" does not begin to approach what Europe already has, the basic political economy of last November's elections, the critique of obscene wealth.

Dec 2

29 min

On this week's show, Prof. Wolff presents updates on his recent debate with Ayn Rand Institute on capitalism vs socialism, inflation in Europe, an analysis of right vs left splitting in US today, and real vs fake causes of energy price inflation. The second half of the show features an interview with David McNally, Prof, University of Houston, on lessons of capitalism's history.    

Nov 25

29 min

On this week's show, Prof. Wolff presents updates on South Dakota leads US to become world's #2 "tax haven,"  pandemic's economic shock cut by very uncapitalistic means, why employers want the govt to pay workers to go back to work, and how libertarians mistake puppets for puppeteers. The second half of the show features an interview with Chris Hedges on lessons for us from US prisons and prisoners.

Nov 18

29 min

Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth.

May 2018

1 hr 6 min