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It’s the System

Updates on German anti-capitalism, student debt default, credit card economics and unregulated chemicals. Response to listeners on pension scandals and Harvard economic research. More

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LANGUAGE: English

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Free Enterprise System Defects

Updates on Europeans' struggles against austerity policies. Response to questions on how workers' self-directed enterprises solve various problems (especially financing and different skill levels). In depth critical discussion of 'free enterprise' and the free enterprise system. More

LOCATION: Europe, Global
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LANGUAGE: English

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Market System Defects

Updates on labor protections for 'contract' workers, a green new deal for Greece, slowing US growth, and scandal of the used car market. Response to questions on reality behind 'recovery' hype and on poverty among those over 65. In depth critical analysis of markets and 'the market system'. More

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The Poverty – Wealth Divide

Updates on capital gains tax, Home Depot work/stress tragedy, and Koch money for 2016 election. Response to questions on child poverty problem in US and "solutions." Major discussions of (1) key economic problems looming for US economy: Europe, China, emerging markets, and US domestic inequality; and (2) economic issues surrounding currency exchange: especially the value of the US dollar relative to Euros. More

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Economics and Revolutions

Updates on political corruption, Greek election results, social security taxes, debt jubilee, union membership and revolutions' lessons. More

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Spinning Out of Control

Updates on Obama's SOTU speech, ECB pumps up money supply to stimulate Europe, forgiving Greece's (just like Germany's) debts, and US housing extremes. Response to questions on global wealth inequality and Switzerland's currency maneuvers. Interview with Dr. Harriet Fraad on US economy's disastrous impact on children. More

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LANGUAGE: English

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Austerity Ends in Greece?

Updates on Democrat's "Robin Hood" tax, riders shift from planes to buses, and misleading US job market headlines. Responses to questions on big bankers' self-image and the basic economics of US federal estate tax and state and local taxes. Interview: Prof. Peter Bratsis on Greek election January 25 and ongoing struggles, in Greece and beyond, to end austerity. More

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Real vs Fakenomics

Updates on rising health insurance costs, rebel economists, Senate costs. Response to questions on Greek crisis, falling school funding, wealth inequality in US that blocks "recovery." Interview with London economics professor John Weeks. More

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Economics of Denial

Updates on Apple Computer, French Socialism, Greek election, Vermont drops single-payer, oil and Russia, and latest NLRB rulings. Major discussions of welfare economics, meritocracy, and 5% US GDP growth without hype. More

LOCATION: Global
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LANGUAGE: English

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Signs of Deepening Inequality

Updates on successful Oregon teaching assistants' strike, evicting the homeless, law limits unpaid internships to 4 weeks, and universities become businesses. Response to our audiences on the economics of war and military in US - "the elephant in the economy" - and on political corruption in the new budget. Major discussion of the sharp decline in most Americans' wealth since 2007 (no recovery there either) coupled with widening wealth gaps between whites and both African-Americans and Hispanic-Americans. More

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About Ecomomic Update

On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

Wolff focuses on wages, jobs, taxes, and debts – and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.

Economic Update is in partnership with Truthout.org