December 22, 2014
Updates on economics of oil price collapse, resumption of US-Cuba relations, lost middle class, and the economics of Uber car service. Response to questions on upsurge of union organizing and on Supreme Court anti-labor ruling. Major discussion of why both men and women in the US are leaving the labor force. More
December 15, 2014
Updates on Mexican farm exploitation, Grenoble takes down advertising, US teachers underpaid, and cutting workers' pensions. Responses to listeners on Harvard and Yale as full participants in capitalism's defects. Analyzing modern "economics" as a discipline from Adam Smith to Karl Marx and since. More
December 8, 2014
Updates on Ferguson and Portland as symptoms of economic decline, critic rejections of profit-driven business, Sen. Bernie Sanders for worker coops, homeless in New York City, and rising political lefts in Greece, Spain and now Ireland. Responses to listeners on supply-demand economics and "capturing" government regulators. Interview with Steve Early, activist and author, on the present and future of US labor movement. More
December 1, 2014
Updates on unpaid internships, extreme wealth, and economic perceptions. Response to listener questions on real economics of public pensions and of home refinancing. In depth analyses of private property and income and of economic regulation vs system change. More
November 25, 2014
Updates on Italy's general strike, opera economics, Miami baseball, and Argentina loans. Responses to listeners on economics of US children and on a new political party. Interview on personal and psychological costs of capitalism with Dr Harriet Fraad. More
November 17, 2014
Updates on low Irish taxes on corps, interns fight back, thriving opium, VW brings new labor relations to US, big banks caught cheating again. Replies to questions on domestic outsourcing and democracy of workers self-directed enterprises. Major discussions of college sports, the business oligarchy in the US and forgiving countries' debts. More
November 10, 2014
Updates on election results, Ebola, mortgage rules, China limits execs' pay, and whose got the wealth. Responses to listeners on changes at Costco, so-called "non-profits", why ever more billionaires, and Piketty's problem. Major topics discussed: election economics, child poverty, Capitalism and Democracy.
November 2, 2014
Updates on destroying public higher education, labor actions, Vermont labels GMO food, workers doing without days off. Major discussions of municipal bonds and how profits drive Capitalism. Response to listeners on PO banks and history of economic systems.
October 26, 2014
Updates on Detroit's water shutoffs, corporations prioritize profit at people's expense (4 big examples), US Senators making money, economics of ebola, and hedge funds pay fines with pensioners' money. Interview: Dr. Obery hendricks, Jr., on Martin Luther King, Jr.'s lifelong criticism of capitalism and preference for democratic socialism. Response to listeners on (1) economics of the disabled (productivity and wages) and (2) reduced 2014 deficit in US. More
October 19, 2014
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
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