Skip to content Skip to footer

Economic Update: Economic Myths in the News

Economic updates include: The real-wage decline 2010-2012, more on Walmart, Greece’s bailout benefits only banks. Major discussions of small versus big business in US and of role of state in the US economy. Response to questions on transitional paths from capitalist to workers self-directed enterprises.

Truthout Logo

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.

Economic updates include: The real-wage decline 2010-2012, more on Walmart, Greece’s bailout benefits only banks. Major discussions of small versus big business in US and of role of state in the US economy. Response to questions on transitional paths from capitalist to workers self-directed enterprises.

Wolff will focus 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.

To listen in live on Saturdays at noon, visit WBAI’s Live Stream

Economic Update is in partnership with Truthout.org

If you are a radio station and want to broadcast Economic Update, click here. If you want to hear Economic Update on your favorite local station, send them this.

Urgent message, before you scroll away

You may not know that Truthout’s journalism is funded overwhelmingly by individual supporters. Readers just like you ensure that unique stories like the one above make it to print – all from an uncompromised, independent perspective.

At this very moment, we’re conducting a fundraiser with a goal to raise $24,000 in the next 24 hours. So, if you’ve found value in what you read today, please consider a tax-deductible donation in any size to ensure this work continues. We thank you kindly for your support.