Film Theory: Don’t Trust The Banks! (Disney’s Mary Poppins)

You know Mary Poppins spends a lot of time talking about how great supercalifragilisticexpialidocious is, but really downplays its critical role as a pickup tool. In the movie, one of the characters specifically says “One night, I said it to me girl, and now me girls me wife!” Get on Continue Reading

Income and Wealth Inequality: Crash Course Economics #17

Jacob: Welcome to Crash Course Economics, I’m Jacob Clifford… Adriene: …and I’m Adriene Hill. The world is full of inequality. There’s racial inequality, gender inequality, health, education, political inequality, and of course, economic inequality. Some people are rich, and some people are poor, and it can seem pretty impossible to Continue Reading

Why Is US Middle Class No Longer Richest?

joining us today is richard wolf is professor emeritus of economics at the University of Massachusetts also a visiting professor at The New School University in New York City professor wolff we talked about this New York Times article which outlined how in spite of the American middle class being Continue Reading

How economic inequality might affect a society’s well-being

JUDY WOODRUFF: Anger over economic inequality and its effects is an important theme running through our national politics in both parties now. But just how you gauge the true impacts of inequality on health and happiness is a bit more nuanced than you might think. Our economics correspondent, Paul Solman, Continue Reading

The Solow Model and the Steady State

♪ [music] ♪ – [Alex] Welcome back. Let’s continue our exploration of the Solow Growth Model. In our last video, we covered how physical capital faces the iron logic of diminishing returns. Now let’s turn to another unfortunate aspect of physical capital: capital rusts. Roads get potholes and need to Continue Reading

The 99% Is a Myth—Here’s How It Really Breaks Down

In our own minds, we usually place ourselves in the social class in which we were raised. For me, like many Americans, that means “middle class.” But the truth is that the social classes in the United States are rapidly pulling away from one another. The emerging class system looks Continue Reading

Dead Wrong™ with Johan Norberg – Stagnant Middle Class

The middle class is being squeezed. U.S. wages have not increased since the 1970s. If we had only slowed down the pace of technological progress, and exposed our companies to less foreign competition, we would all have benefited. Dead wrong. It’s true that blue-collar wages have not increased since the Continue Reading

Economic Update: Injustice, Race and Class

Welcome, friends, to another edition of Economic Update, a weekly program devoted to the economic dimensions of our lives – those of our children, those looming ahead of all of us. I’m your host, Richard Wolff. I want to start today by telling you three little short stories about corporate Continue Reading