Economic Update

The Political Bias of Conventional Economics

On this week’s episode of Economic Update, Professor Wolff delivers updates on the Pentagon’s investments into private companies, the end of electric vehicle subsidies in conjunction with the arrival of Chinese EVs in the U.S., the growing trade and produce exchange between Canada and China, and the nurses’ strike of NYC private hospitals grows to include 15,000. In the second part of today’s episode, Professor Wolff talks with Professor Clara Mattei about her new book, “Escape from Capitalism.”

Economics Professor Richard D. Wolff and guests discuss the current state of the economy, locally and globally. The program explores alternative ways to organize, markets, and government policies.