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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. Beyond focusing a critical eye on the economic dimensions of everyday life - wages, jobs, taxes, debts, interest rates, prices, and profits - the program also explores systemic solutions to our economy's problems including alternative ways to organize production and distribution of the goods and services we all depend on. 
 
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  1. All Episodes
  2. 2021
  3. 01

Why Women Have Better Sex In Socialism

Jan 28, 2021

On this week's show, Prof. Wolff presents short updates on the Economic Plans of the Biden administration and US economic inequality, and why raising minimum wage to $15/hour is insufficient to deal with US economic inequality and its social consequences. The second half of the program features an interview with Kristen...

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The Economics Lesson Taught by the Pandemic

Jan 21, 2021

On this week's show, Professor Wolff explains where the government is respected and empowered, nations have effectively contained the Covid-19 pandemic. He gives examples including New Zealand, Taiwan, South Korea, Cuba, Vietnam, and China. Alternately, where the government is demonized, disrespected, distrusted, the...

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Noam Chomsky on Prospects and Tasks as 2021 Begins

Jan 14, 2021

This week, Professor Wolff gives updates on President-elect Biden's economic advisor "team", how Argentina's women's movement leads the defeat of the government and Roman Catholic Church oppositions to win legalized abortion and now targets other basic social changes, and how the deepening inequality of US wealth...

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Externalities and Capitalism's Inefficiencies

Jan 7, 2021

This program introduces the economic concept of "externalities." Those are the real costs of employers' business decisions that employers do not pay for or take into account: costs "external" to businesses' profit/loss calculations. Examples include costly damage to the environment, to employees' private lives, etc....

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