Rick-Wolff-74x74
Economic Realities

Updates on Walmart shifts medical insurance costs onto US, payday loans, US child poverty, Obama versus workers' needs, profits and death from opioids. Major discussions of medical-industrial complex, manufacturing "renaissance" fantasy, and "socialism's" different meanings. Response to listeners on remarkable economics of US securities industry. More

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LANGUAGE: English

Rick-Wolff-74x74
“Why Economics so Poorly Understood”

Updates on GM recalls, Cuba's investment in medical training, Germany's end all tuition requirements. Major discussions of why economics education so poor and report from Santa Fe movement for public banking. Response to listeners on why no recovery from the crisis and how to think about transition to worker coop based economy. More

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LANGUAGE: English

Rick-Wolff-74x74
“The Economics of Corporations”

Updates on economics of migrants, choosing not to go to college, corporate tax dodges and their effects. Major discussions of (1) the economics of insurance, and (2) the basic economics of capitalist corporations. Responses to questions on (1) Rockefellers selling their fossil fuel holdings and (2) the economics of "mutual" companies. More

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LANGUAGE: English

Rick-Wolff-74x74
“How Capitalism Works”

Updates on why efforts against obesity fail, Cadillac moves to New York, Atlanta Symphony lockout, subprime auto-credit, bank economics. Major discussion on the economics of climate change. Responses to questions on Jamestown in US history, minimum wage struggles now, and economics of insurance. More

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LANGUAGE: English

Rick-Wolff-74x74
“Big Economic Changes”

Updates on new census data, Kentucky town goes "socialist," big wage theft, Maine workers coop, economic insecurity. Major discussions on "gentrification", Yellen worried, tax consequences on inequality, and global economic of beer. Responses on min wage struggles, corporate "persons" and BRICS bank. More

Rick-Wolff-74x74
“Corporations are the Problem”

Updates on Market Basket workers' victory, top paid asset managers, FED report debunks "recovery," Chipotle's gross inequality, Montreal corruption, and Russia/China economic alliance. Major discussion: Part 2 on socialism's new directions. Response to listeners on franchising, capitalist growth, advertising and consumer desires. More

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LANGUAGE: English

Rick-Wolff-74x74
Big Changes Coming

Updates on food insecurity, oil disaster economics, politicos go to Wall Street, billionaires buy homes, education In UK and US sustains elites. Major discussions of (1) employers' movement for a 4-day workweek, and (2) history of socialism vs capitalism (part 1 with part 2 next week) which was also response to many listeners' questions. More

Rick-Wolff-74x74
Corporate Economics

Updates on Burger King, French socialism, cell phone overcharging, Bank of America's fine. Major topics: advertising industry and once more on no recovery. Responses on Michigan teachers union fight, poor still kept out of US top colleges, corporate stock buybacks. More

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LANGUAGE: English

Rick-Wolff-74x74
From Ferguson to Retirement Crisis

Updates on govt. housing for Johnny Cash, inequality and growth, economic lessons from Ferguson. Interview on Retirement Crisis in US with Prof. James Russell. Responses to questions: (1) how government subsidizes Walmart (with Food Stamps plus....), and (2) economics of advertising. More

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LANGUAGE: English

Rick-Wolff-74x74
“Economics of Markets and Immigration”

Updates on drop in most American households' wealth, 2003-2013, social security finances more about wages than aging. Major discussions on (1) critical economics of markets, (2) political economy of immigration, and (3) capitalism's two great contradictions. Response to listeners on worker coop incubators and fund-raising by the Clintons. More

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LANGUAGE: English

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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