Updates focus on European and US bank regulations, UK deals allowing major corporate tax evasions, and top 1% comments on OWS protests. Interview psychotherapist Tess Fraad-Wolff on how recent economic changes have affected and changed personal lives, including intimate relationships, partly by expanding the pornography industry and its impact. Listeners' comments addressed: Germany's role in Europe's economy, workers' self-directed enterprises, and Ron Paul's economic proposals.

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