Professor of Economics, Author, Radio Host, Speaker

Richard D. Wolff

Economic Update: Externalities and Capitalism's Inefficiencies

Richard Wolff
posted by | 14179pt
January 11, 2021

 

[S11 E01] New

This program introduces the economic concept of "externalities." Those are the real costs of employers' business decisions that employers do not pay for or take into account: costs "external" to businesses' profit/loss calculations.... READ MORE

Economic Update

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  • Pasqual DiGesu
    commented 2021-01-17 10:59:16 -0500
    This is what happens without “Control” , Gentrification a part of this?
  • Richard Wolff
    published this page in Updates 2021-01-14 06:46:20 -0500

Richard D. Wolff is Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work

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