Updates on how millennials have fallen behind their parents in income wealth, etc., on poor medical outcomes in US despite paying most for health (especially drugs), deepening scandals of German car corps, and why a Chinese t-shirt-maker investment in Arkansas teaches frightening economic lessons. Interview with Prof Michael Hudson on "Junk Economics."
Updates on how golf courses are economically undemocratic, how US drug corps block much cheaper medicine imports, why US corps neither need nor deserve tax cuts, how Monsanto bought academic research to keep dangerous "Roundup" on the market, and the economics and politics of scapegoating immigrants in the US and Germany. Interview with Joerg Rieger and Rosemarie Henkel-Rieger on their combination of faith and advocating for labor to undo inequality in the US.
Updates on Russia sanctions, medical companies' failures, cable company monopolies, CEO pay, battling Marxian economics in Utah. Major discussion of economics of socialism.
Updates on United Airlines' profits from customer abuse; bankster blames government; China's rapid economic growth; and worker coop news from Greece, New York, and Massachusetts. Interview with economics professor John Summa on big problems in economics teaching.
Updates on dueling health bills, cutting min wages, Pope on labor unions, Seattle taxes the rich. Major discussions of G-20 "leaders ", Detroit's "revival", beer company goes to worker ownership and directorship.
Updates on California, Nevada steps toward universal medical insurance, Toronto housing bubble, Air Traffic Controllers and the privatization issue, US, Mexico fight over non-free market in sugar, Illinois credit decline. Interview with Dr. Harriet Fraad on human nature.
On this week's show, Prof. Wolff talks about Trump's 2018 budget, Ford's undemocratic decisions, US opioid epidemic, Swiss vote to end nuclear power, Harley-Davidson moving jobs overseas, Canada outlaws overbooking seats on planes.
On the second half of the show, Prof. Wolff interviews John Curl, author and coop worker, on importance of worker coops.
On this week's Economic Update, Prof. Wolff talks about the United Airlines flier abuse, Cuomo's flawed tuition plan, what to do as self-drive vehicles end millions of jobs, how big investors plan to cash in on Trump infrastructure plans. On the second half of the show, Prof. Wolff is joined by special guest Frank R. Annunziato who will discuss the tragedy of US labor unions today, why that tragedy happened, and how to reverse it.
On this week's Economic Update, Prof. Wolff provides updates on FED and interest rates, new US and China inequality data, BLS on wage stagnation, Ford and GM build factories in China, more Big bankers join Trump. Interview with Walter South on US housing crisis.
On this week's Economic Update, Prof. Wolff provides updates on Caterpillar tax evasion, Obamacare, slave labor for immigrants, Harvard and slavery, billionaires, Puerto Rico, and Greece. Major discussion: questions about capitalism.