-
Garys Economics is wrong on Income Top Economist warns
(00:00) And the big topline picture is that there are going to be significant increases on taxation of the middle class. Number one, and the thing which we constantly campaign for is tax the rich. Don't tax the workers, tax the super rich. And I thi...(00:00) And the big topline picture is that there are going to be significant increases on taxation of the middle class. Number one, and the thing which we constantly campaign for is tax the rich. Don't tax the workers, tax the super rich. And I thi... -
Trump Gave Two Big Wrong Answers about the U-S- Decline
(00:00) The United States is in a unique historical situation, and its current approach to China largely reflects its internal problems. There are conflicting interests within the U.S. regarding its relationship with China. On one hand, many in Am...(00:00) The United States is in a unique historical situation, and its current approach to China largely reflects its internal problems. There are conflicting interests within the U.S. regarding its relationship with China. On one hand, many in Am... -
Wolff Responds Its the Unequal Unstable Economy Stupid October 30 2024
**(00:02)** Welcome, friends, to another Wolff Response. I want to talk about the election and what happened during the campaign. I call this response: "It's the Unequal, Unstable Economy, Stupid." This is the reality—the core issue about the econ...**(00:02)** Welcome, friends, to another Wolff Response. I want to talk about the election and what happened during the campaign. I call this response: "It's the Unequal, Unstable Economy, Stupid." This is the reality—the core issue about the econ... -
The Future of Inequality
**(00:00)**  Good morning, ladies and gentlemen. My name is Yun Hang, and I’m a professor at Seoul National University. I’m honored to moderate this invited session with Professor Abhijit Banerjee, one of the most renowned and respected ec...**(00:00)**  Good morning, ladies and gentlemen. My name is Yun Hang, and I’m a professor at Seoul National University. I’m honored to moderate this invited session with Professor Abhijit Banerjee, one of the most renowned and respected ec... -
The Unspoken Economic Realities Of Elections - Part 2
(00:01) Welcome, friends, to another episode of *Wolff Responds*. This is the second part of a three-part series on economics and the upcoming November election. I want to emphasize from the outset that I am not claiming there is no difference betwe...(00:01) Welcome, friends, to another episode of *Wolff Responds*. This is the second part of a three-part series on economics and the upcoming November election. I want to emphasize from the outset that I am not claiming there is no difference betwe... -
Thomas Piketty New thoughts on capital in the twenty-first century
French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r is greater than g (meaning that return on capital is generally higher than economic growth). (00:13) It's ...French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r is greater than g (meaning that return on capital is generally higher than economic growth). (00:13) It's ... -
Inflation WILL Fall This Week
A great discussion on how the inflation reports are manufactured and are not an indication of consumer or housing prices. (00:00) Today we are going to talk about falling inflation and the terrible economics media. Okay. So we're going to do somethin...A great discussion on how the inflation reports are manufactured and are not an indication of consumer or housing prices. (00:00) Today we are going to talk about falling inflation and the terrible economics media. Okay. So we're going to do somethin... -
Why Growth Is Stupid
Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol...Rethinking Productivity and Economic Growth: Why the Focus on Growth Might Be Misplaced [00:02] Questioning the narrative of productivity and growth in the economy. - Issues prompted by an article about the collapse of the British economy and pol... -
Wealth: what it is & how it differs from Income
"If you were born poor you will die poor and if you were born rich you will die richer" Former city trader Gary Stevenson explains the difference between Wealth & Income. He also explains why failing to tax wealth will lead to worsening inequality..."If you were born poor you will die poor and if you were born rich you will die richer" Former city trader Gary Stevenson explains the difference between Wealth & Income. He also explains why failing to tax wealth will lead to worsening inequality... -
Debunking Trickle Down Economics
The core philosophy of the governments disastrous mini-budget is "Trickle Down Economics". The political elite have employed various strategies to advocate for the concept of trickle-down economics. For example, Barack Obama used the phrase "a ri...The core philosophy of the governments disastrous mini-budget is "Trickle Down Economics". The political elite have employed various strategies to advocate for the concept of trickle-down economics. For example, Barack Obama used the phrase "a ri... -
Game Theory is Broken
Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta...Economists have gotten game theory wrong for seventy years. Capitalism today uses game theory to maximize profits, but the problem is that game theory is based on a win-lose ideology and this ideology has broken our society. We need a win-win menta... -
This Is Why The Rich Get Richer
If you look back across history, you find that inequality is the norm. After the second world war that changed, and there was a period of rising equality across the west. But rising inequality is back, unless we do something about it. [00:01] Inequ...If you look back across history, you find that inequality is the norm. After the second world war that changed, and there was a period of rising equality across the west. But rising inequality is back, unless we do something about it. [00:01] Inequ... -
How We Fix Wealth Inequality
We know what the problems are with income inequality, so what about the solutions? [00:00] Solutions require understanding and popular support - Understanding the problem of growing wealth inequality is crucial to fixing it - Building popular supp...We know what the problems are with income inequality, so what about the solutions? [00:00] Solutions require understanding and popular support - Understanding the problem of growing wealth inequality is crucial to fixing it - Building popular supp... -
The US Economy As An Apartheid System and how to solve it
[00:22] Manufacturing in the United States is shrinking, with the majority of jobs now in the service sector. - Over the last dozen presidents, there have been promises to reverse the decline of manufacturing, but it continues to shrink. - The US ...[00:22] Manufacturing in the United States is shrinking, with the majority of jobs now in the service sector. - Over the last dozen presidents, there have been promises to reverse the decline of manufacturing, but it continues to shrink. - The US ... -
US Capitalism at a Crossroads: The Labor Movement Upsurge in Recent Years
In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr...In this episode of "Economic Update," Richard Wolff discusses the current state of U.S. capitalism, suggesting it is at a critical juncture. He highlights the recent upsurge in labor movements, citing a significant increase in strikes and labor pr... -
Rent, Profit and Interest Are All The Same
Why you need to understand that rents, profits and interest are all the same thing. [00:01] Rent, profit, and interest are all payments from non-owners to owners of assets. - Rent, profit, and interest are transformations of the same concept in th...Why you need to understand that rents, profits and interest are all the same thing. [00:01] Rent, profit, and interest are all payments from non-owners to owners of assets. - Rent, profit, and interest are transformations of the same concept in th... -
How to Ruin an Economy Some Simple Ways
**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society...**(00:00)** Let’s suppose, for some perverse reason, we want to ruin an economy and society. To make it interesting, let’s choose a difficult case—not the Central African Republic, where it could be done easily, but a rich and powerful society... -
Inflation, Europe's energy crisis, and the Fed with Richard Wolff
Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a...Dr Wolf criticizes the Federal Reserve for its handling of inflation, points out some alternatives and historic references to LBJ and Richard Nixon on how they dealt with inflation effectively. He also talks about the profiteering of corporations a... -
Will We Pay Back the Government Debt?
Tom: Eight minutes past 10. Gary Stevenson is an economist focused on inequality—a former trader who retired from the City as a multimillionaire at 27 after correctly predicting the 2008 financial crash. Mr Stevenson, thank you for joining the pr...Tom: Eight minutes past 10. Gary Stevenson is an economist focused on inequality—a former trader who retired from the City as a multimillionaire at 27 after correctly predicting the 2008 financial crash. Mr Stevenson, thank you for joining the pr... -
How COVID-19 MAKES the Rich Richer - Gary EXPLAINS the theory
Coronavirus is having huge effects on the world of money. It benefits high earners, and hurts the poorest. This video explains how it will affect you and what will happen going forward. [00:06] Impact of COVID-19 on financial position - Even wit...Coronavirus is having huge effects on the world of money. It benefits high earners, and hurts the poorest. This video explains how it will affect you and what will happen going forward. [00:06] Impact of COVID-19 on financial position - Even wit...
Page 1 of 1
Powered by Optimal Access