Economy

Reality Asserts Itself - Rana Foroohar

May 9, 2018
On Reality Asserts Itself, Ms. Foroohar says the legalization of stock buybacks in 1982 allowed companies like Apple to now spend only 15% of their investments on R&D, while the majority is spent on market manipulation; the Financial Times columnist and author of “Makers and Takers” says the move from traditional pensions to 401k’s makes everyone feel they benefit from finance, when the vast majority of profits go to the elites and most people’s living standards deteriorate – with host Paul Jay
Economic Update: The Contributions of Karl Marx (Pt 1/4)

Economic Update: The Contributions of Karl Marx

May 6, 2018

Professor Wolff takes a deeper look at the life and work of Karl Marx in celebration of the 200th anniversary of his birth

No Financial Protection from Trump Admin, But States Can Help

May 2, 2018

As acting CFPB director Mick Mulvaney admits his subservience to the financial industry, states are beginning to provide consumers with protection from financial abuse, such as with New York State’s new retirement system, explains CEPR’s Dean Baker

The Baltimore Bureau Podcast Show: April 27

April 30, 2018

The Baltimore Bureau discusses the city’s uprising three years ago, a historic skating rink, local Senate races and the Hopkins nurses attempting to form a union.

Universal Basic Income and Minimum Wages: Progressive or Regressive?

Universal Basic Income and Minimum Wages: Progressive or Regressive?

April 30, 2018

Finland recently decided to end its Universal Basic Income (UBI) experiment, but the debate about whether UBI is progressive or regressive rages on. We speak to Economist Katherine A. Moos of the Political Economic Research Institute, UMass.

Economic Update: Employees VS Employers

Economic Update: Employees VS Employers

April 30, 2018

This week: German workers who elect almost half of corporate boards of directors; major US corporations with negative tax rates; Kentucky governor maneuvers against black-lung victims; involuntary part-time employment; epidemic of U.S. evictions; Trump’s tariffs on China

China’s Embrace Of An Intellectual Property System Imposed On It By The United States

April 29, 2018

The two biggest scientific powers, the U.S. & China, need to rethink the world’s intellectual property-based innovation system to safeguard citizen interests or else this privatization of technology, an arms race mentality in science, will produce a dark, dystopian future none of us really want explains Peter Drahos

Economic Update: Struggling Against the System

Economic Update: Struggling Against the System

April 23, 2018

This week’s topics include: Updates on teachers’ strikes; capitalism abuses facebook; colleges reward privilege and reproduce it; Shell Oil knew about fossil fuels and global warming for last 50 years; UK housing size shrinks; Sinclair Broadcasting traps employees

IMF Says 2018 Economic Outlook is Rosy, But Austerity is Still Good

April 19, 2018

The IMF just released a positive World Economic Outlook report for 2018. Still, in order to make sure that the outlook remains good, the IMF makes recommendation that would lead to recession, says CEPR’s Mark Weisbrot

Economic Update: Distorting Economic Truths

April 16, 2018

Labor strikes at Disney; home sales and prices drop sharply; Nestle’s approval to profit from privatizing water; UPS and FedEx profit from Trump’s attack on Amazon and lies about the USPS; US poverty far worse than in other nations