Why Economists Should Care About Inequality, ...

If we want to understand why capitalism feels broken, do we need to stop looking at the economy and start looking at the legal code that underpins it? In our system, capital is often described as money, machinery, or raw materials. But Columbia Law School professor Katharina Pist ...  Show more

If a sports betting app has the data to know exactly when a user is struggling financially, should it have a legal duty to cut that person off?On this episode of Capitalisn't, we dive into the murky waters of the American sports betting explosion. We are often told that legalizat ...  Show more

In this week's episode of Economic Update, Professor Wolff discusses how Marx's class analysis presents a solution to today's inequality and the challenges to overcoming it we have faced throughout history. In short, since the early existence of human society, people lived in tri ...  Show more

In this episode, Max and Nafkote interview Grace Blakeley, an economist and author, about the rise of oligarchy and the relationship between billionaires, corporations, and the state.Grace discusses the close relationship between the American political establishment and the billi ...  Show more

Stanford economist Nicholas Bloom discusses the research he's conducted showing what’s really driving the growth of income inequality: a widening gap between the most successful companies and the rest, across industries. In other words, inequality has less to do with what you do ...  Show more

On this week's Economic Update, Professor Richard Wolff discusses Kate Pickett's and Richard Wilkinson's best-selling study in the book "The Spirit Level" (2009), showing how economic inequality correlates with most of the major social problems of our time. We will juxtapose thei ...  Show more