Economic Update

The program begins by explaining the economics behind the great US  anti-leftist purge (“McCarthyism”) after 1945. It then shows the economic impacts of that purge over the last half century. Finally, it explains how that history produced a very differen...

 Updates on Amazon subsidized by New York, Virginia; French people act to limit corporate greed, Sears favors bosses in bankruptcy too, Pfizer ups drug prices despite Trump, California fires expose US economic divide. Guest Matthias Scheiblehner discu...

Updates on UK war on "Unexplained Wealth," why capitalism needs yet attacks government, historical reality of low wages in US, cozy deals between big corporations and credit rating agencies again. Major discussions of capitalism's oscillations between na...

Updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have heavy economic costs; and how Grinnell College undergraduate workers successfully organized. Interview with Prof. David Harvey ...

Updates on profits-vs-science and weedkiller “roundup,” most Americans not better off than in 2016, WHO reports bans on corporal punishment of kids and how doing so saves money too, Janet Yellen warns huge corporate debts risk another major economic cras...

 Updates on latest foreign and US elections, the CEA document against socialism, growing inequality of billionaires’ wealth, army represses report on costs and errors of Iraq war, and expose of Maine’s subsidy for corporations by helping indebted student...

Updates on political economy of Trump/GOP attacks on China and their long term costs; parallel analysis of attacks on immigrants;  Michelle Alexander on who today is “The Resistance;” and record funds pouring into US midterm elections. Interview with Lee...

Updates on IMF prediction of slowing global growth, Bank of England warnings on accumulation of sub-prime debt, Nordhaus Nobel prize and market ideology, Dutch unions and others against corporate tax evasion, and signs of labor militancy in Marriott stri...

Updates on UK's Liberal Democrats advocating serious reduction of wealth and income inequality, Sears CEO blames pensions for Sears' problems, JP Morgan predicts next financial collapse in 2020, failure to deal with opioid crisis, G-20 meeting in Argenti...

Updates on Bloomberg finds US "among least efficient" providers of health care, Poland's unions demand wealth sharing role, money corrupts US politics in new way, Trump tariffs bad for many US corporations. Interview: Dr. Harriet Fraad on how publ...