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This episode provides updates on unemployment numbers. We also respond to questions regarding the economics of lotteries and why the largest US corporations have recently used their profits to buy back their shares in stock markets. Finally, we interview socialist professor Sohnya Sayres about the end of free college and universities in the US, the rise of administrators dominating students and faculty, and what these trends have meant for the quality of higher education.
To see more stories like this, visit Economic Update: Your Weekly Dose of Revolutionary Economics
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