This edition of Economic Update include updates on: Bernanke's new big-bucks finance job, how GM is avoiding billions in victims' claims for faulty ignitions, how a Seattle capitalist raised all of his employees salaries to a $70k/yr, Americans' self-delusion on inequality, how private profit is trumping public policy and anti-student-debt activism...

In this edition of Economic Update, we take a look at inadequate unemployment insurance, where Ted Cruz's campaign money is coming from, a law that’s giving domestic workers real benefits and who’s demonizing the poor. We also hear responses to listener questions on the California drought and the US medical system's experiments on real people. 

This episode of Economic Update features a look into the car parts industry, why and how German courts cut Uber, how Russia's economy is growing despite economic sanctions, why there’s no recovery in declining teaching positions in the US for new PhDs...

In this episode of Economic Update we take a look at the Trans-Pacific Partnership secrets, the Heinz-Kraft merger, the overly costly and underperforming US medical care system, the fines for Graco selling faulty child car-seats, China's real-estate bubble and the estate tax repeal being pushed by Republican House Representatives. We will also hear responses to listeners on property: private versus public and discuss how system change has happened in the past and and how it can and should happen within capitalism today.