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Economic Update with Richard D. Wolff  is a weekly nationally syndicated program produced by Democracy at Work and hosted by Richard D. Wolff. The program explores complex economic issues and empowers listeners with information to analyze not only their own financial situation but the economy at large. By focusing on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program explores alternative ways to organize markets, and government policies.

Jul 25, 2016

On this week's episode of Economic Update, Prof. Wolff provides updates on platform contradictions, the VW scandal, CEOs pay explosion, Italian banks crisis, scary US auto loans. Major discussions: economics of lotteries, when profit decides who gets mortgages, and why 21st century socialism makes worker cooperatives the basic production institution.