Why Economists Should Care About Inequality, ...

Is the era of manufacturing-led growth officially over? For decades, the path to a stable middle class was paved through industrialization, but today, even manufacturing giants like China are losing millions of factory jobs to automation.In this episode, Bethany McLean and Luigi ...  Show more

Is the Federal Reserve’s independence a pillar of democracy or a convenient shield that allows elected officials to duck their responsibilities? This week on Capitalisn’t, we confront a shift in Washington after the Justice Department served subpoenas on the Fed. Joining the conv ...  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