Rick Wolff - May 17, 2011

These Tuesday evenings begin with an update and analysis of major economic events of the last month and their contexts of longer-term economic trends shaping politics and society here and abroad. We focus on the evolving global capitalist economic crisis and its consequences. We examine topics such as

* the social costs effects of the historic long-term US unemployment,
* national debt crises and “austerity programs” in Greece, Ireland, Spain, and beyond
* changes in today’s Chinese economy and their global effects,
* tax reform and the entire tax issue in the US today,
* continuing crisis in the US housing and credit markets
* the economics of immigration

Actual economic developments shape the agenda for each monthly Tuesday meeting. Rick Wolff, with occasional guests, presents an economic update and an analysis of some particular economic topics and then open the floor to questions, comments and a general discussion of where the US and world economies are going and the political implications. We aim to develop participants’ understanding of and ability to explain to others the key economic developments of our time.

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University, New York City. He also teaches classes regularly at the Brecht Forum in Manhattan. More info can be found on his website: rdwolff.com

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