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Economic Update: Good for Profits, Bad for Society

This episode provides updates on pension struggles, and more.

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This episode provides updates on Robert Gordon’s new book, food and drug companies profiting at the public’s expense, the economics of presidential candidates, pension struggles and the reasons behind China’s slowdown. Finally, we discuss US unemployment and why the profit motive yields economic decisions that are often bad for society.

To see more stories like this, visit Economic Update: Your Weekly Dose of Revolutionary Economics

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