Published on February 18, 2012
Updates today on the crisis/looming civil conflict in Greece over austerity program, on the real wage decline and productivity growth in US during 2011, and on overcrowded prisons versus "falling" crime rate. Guest interview of Prof. William Strickland, African-American Studies, University of Massachusetts discussing economic crisis and African-Americans, the economic impact of Obama and the legacies of WEB DuBois, Malcolm X, and MLKing. Responses to queries on SWIFT, coops, and student loan speculations.
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.We will focus on wages, jobs, taxes, and debts - and on interest rates, prices, and profits. We aim to explain why certain economic changes are happening and other changes get postponed
or blocked and we will explore alternative ways to organize enterprises, markets, and government policies. Economic Update is a weekly show for people who want to understand and change not only their own financial situation but also the larger economy we all depend on.
WBAI Economic Update February 18th, 2012
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