On this week's episode of Economic Update, Prof. Wolff provides updates on politicians lying about economics, fines for big banks, Maine votes left, int students come less to US, Pebble Mine struggle, fading American dream. Major discussions of...(More...)
Inequality in the United States is rising because people are paying more to work. When people pay more to work, the share of national income that goes to the top 0.1% increases. The solution does not lie in a global tax on wealth but rather in workers not paying to work.(More...)
New York City has hosted worker cooperatives for years and is moving to provide additional support for WSDE development. New York City’s Cooperative Home Health Care (CHCA) is the largest worker cooperative in the United States. Given its expanding cooperative economy, Democracy at Work recommends that New York City commit more resources to this sector, such as grant funding for start-up and operation of WSDEs, tax abatements, and a dedicated agency that oversees training and funding, like the Small Business Administration.(More...)
"Trump's Ideas for Jobs, Taxes, Trade: What Those Plans Mean For Us"
These programs begin with 30 minutes of short updates on important economic events of the last month. Then Wolff analyzes several major economic issues. For December, these will include: