This episode provides updates on Ben Bernanke’s new big-bucks finance job, GM avoiding billions in victims’ claims on faulty ignitions, the US public’s self-delusion on inequality and anti-student-debt activism. We also respond to questions regarding the impact on China if capitalism’s “relocation” stopped. Finally, we give an in-depth critical analysis of the economics of wages and prices, the narrowness of the economics of education and basic global economic development issues.
To see more stories like this, visit Economic Update: Your Weekly Dose of Revolutionary Economics
To listen in live on Saturdays at noon, visit WBAI’s Live Stream
Economic Update is in partnership with Truthout.org
Your radio station needs Economic Update! If you are a radio station, check this out. If you want to hear Economic Update on your favorite local station, send them this.
Visit Professor Wolff’s social movement project, democracyatwork.info.
Permission to reprint Professor Wolff’s writing and videos is granted on an individual basis. Please contact This email address is being protected from spambots. You need JavaScript enabled to view it.“>[email protected] to request permission. We reserve the right to refuse or rescind permission at any time.
We have 10 days to raise $50,000 — we’re counting on your support!
For those who care about justice, liberation and even the very survival of our species, we must remember our power to take action.
We won’t pretend it’s the only thing you can or should do, but one small step is to pitch in to support Truthout — as one of the last remaining truly independent, nonprofit, reader-funded news platforms, your gift will help keep the facts flowing freely.