Economy

Is a New Global Financial Crisis Imminent?

Is a New Global Financial Crisis Imminent?

September 23, 2018

Economists Mark Weisbrot and Gerald Epstein face off to discuss whether 10 years after the Lehman Brothers collapse and the Great Recession of 2008 we are about to see another major financial crisis  

De-Regulation, De-Supervision, and De-Criminalization Set the Stage for the 2008 Financial Crisis

De-Regulation and De-Criminalization Set the Stage for the 2008 Financial Crisis

September 20, 2018
White collar criminologist Bill Black analyzes how the U.S. got into the 2008 financial crisis and what it means that we have not learnt the lessons from that crisis 10 years later, on the anniversary of the Lehman Brothers collapse
10 Years Since Lehman Brothers Bankruptcy - Did the Economy Really Recover? (Pt 1/2)

10 Years Since Lehman Brothers Bankruptcy - Did the Economy Really Recover?

September 19, 2018
The Lehman Brothers bankruptcy was the largest in U.S. history and unleashed a financial meltdown. The Banks were saved but not people's debt, savings or homes. Michael Hudson looks at the economic instability that we continue to live in
The Economy Under Trump: Business Optimism Combined with Inequality

The Economy Under Trump: Business Optimism Combined with Inequality

September 12, 2018

Trump’s Chair of Economic Advisors presented a glowing analysis of how business optimism and investment boomed with Trump’s election. But what do these figures mask and how accurate are they? We take a closer look at the data with PERI’s Gerald Epstein

Economic Update: Capitalism Invites Deepening Criticism

Economic Update: Capitalism Invites Deepening Criticism

September 8, 2018

This week: Updates on new approach to Labor Day; DNC accepts fossil fuel donations; Turkey’s crisis as typical capitalist instability; collapse of Genoa toll bridge; exploding gap between CEO and average worker pay; Gallup Poll on capitalism vs socialism in US; and Professor Wolff interviews Dr. Harriet Fraad on why U.S. workers don’t rebel more…

Economic Update: Capitalism’s Problems Provoke Opposition

September 2, 2018

This week: Updates on Missouri vote for union position; the irrationality of student debt; economic sanction of Iran isolates and costs U.S. for Trump political gains; Monsanto puts profits over cancer risks; Louisiana legislature punishes big banks for lending to assault rifle producers; special guest: Troy Walcott, a Spectrum Cable technician on strike in New…

Economic Update: Capitalism, Changed by its Contradictions

August 27, 2018

This week: Updates on the growing poverty rate in California; the epidemic of childhood obesity in the U.S; and the economic fallout of Trump’s steel tariff; special topic: Professor Wolff’s explanation of how politics in the United States has sustained capitalism and what the politics of change will require

Rapid GDP Growth: Does Trump Deserve the Credit?

August 27, 2018

Trump and his supporters argue that the 2017 corporate tax rate cuts are spurring economic growth. Is there any truth to this? We discuss the real effects of the tax cuts with economics professor Gerald Epstein of PERI at UMass Amherst