Economic Update: Good for Profits, Bad for Society
February 29, 2016
58 min
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37 of 574
February 29, 2016
Economic Update: Good for Profits, Bad for Society
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Richarddwolff Episodes Around February 29, 2016
Episode 37 of 574 — walk the feed in the order it was published.
Economic Update: Good for Profits, Bad for Society
Summary
On this week's Economic Update, Prof. Wolff provides updates on Citibank calls "Recession" for 2016, Robert Gordon's new book "Rise and Fall of American growth, college students to Europe for free educations, drug and food companies profit at public's expense, economics of presidential candidates, pension struggles heat up, and why China's slowdown due to US/Euro/Japan economies. Major discussions of (1) US unemployment and (why profit motive yields economic decisions so often good for profits but bad for society.
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