Updates focus on (1) the food stamp program, (2) giving corporations' names to football stadiums, (3) new supports for prison reform, and (4) analyzing the federal government's tax revenues. In-depth analysis focuses on how the world's three alternative economic theories - neoclassical, Keynesian, and Marxian - understand economics and economic crises differently, with special emphasis on the Marxian as it is least understood. Question answered focused on why Marx never wrote much about or analyzed communism.

 

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. 

 

To listen in live on Saturdays at noon, visit WBAI's Live Stream

 

Economic Update is in partnership with Truthout.org