Economic Update – August 1, 2025

Economic Update

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.

Upcoming Episode

Economic Update

Economic Update – July 25, 2025

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. Click Here to listen to the current episode of Economic Update with Richard D. Wolff.


Economic Update

The Workers’ Struggle within The Metropolitan Opera Orchestra

On this week’s episode of Economic Update, Professor Wolff delivers updates on the political theater, of the U.S./Iran hostilities, the political shock of Zohran Mamdani’s Democratic primary win in New York City, the withdrawal of union leaders from the Democratic National Committee, and the rising trade among BRICS crosses the $1 trillion milestone. In the … Continued


Economic Update

How Deep Fascist Parallels Run

This week on Economic Update, Professor Wolff, responding to requests, explores the parallels between what led to the rise of Hitler and fascism in Germany after World War I and what has brought the US to Trump and his current policies. Many key basic parallels are presented alongside some remaining differences that help explain why … Continued


Economic Update

Making Sense Of Trump’s Economic Plan

This week’s episode of Economic Update features an analysis by Professor Wolff on: 1. How Trump seeks to address the problem of costly American wars and their impact on sharply rising budget deficits, 2. How the rising U.S. debt has led to the loss of the United States’ “AAA” credit rating, 3. How Trump’s response … Continued


Economic Update

Analyzing Trump’s Mass Support

On this week’s episode of Economic Update, Professor Wolff delivers updates on the blow back to Iowa Senator Joni Ernst’s rationalization of budget cuts to Medicaid to help fund tax cuts for corporations and the rich, how 8,000 Connecticut healthcare workers win contract gains by threatening to strike, and how the advertising industry spawned by … Continued


Economic Update

Europe Declines Faster than the United States

On this week’s episode, Professor Wolff delivers updates on U.S. versus Chinese wheelbarrows, the Cold War error against China, the lasting effects of terminated U.S. federal workers, how tariffs alone won’t bring manufacturing back to the U.S., further declines in U.S. coal mining, McDonald’s hamburgers in the U.S., and the rapid economic decline in Europe. … Continued


Economic Update

The Corporatization of Universities and Trump’s Attacks

This week on Economic Update, Professor Wolff begins by presenting updates on the death of libertarianism and the rise of U.S. economic nationalism, then on U.S. universities becoming big businesses, governed by money concerns. In the episode’s second half, Professor Wolff interviews Professor Geert Dhondt, the Chair of the Economics Department and Economics Professor at … Continued