Economic Update: The Harm Done by Economists
Posted September 26, 2022
[S12 E37] The Harm Done by Economists
This week on Economic Update, Prof. Wolff talks about the unionization drive among minor league professional baseball players, high poverty rates among US families working full-time year round, and the economics of discrimination against pregnant women. In the second half of the show, Wolff interviews Prof. George DeMartino on the harm done by the economics profession and why it denies doing so.
*Economic Update with Richard D. Wolff is a @Democracy At Work production. We make it a point to provide the show free of ads. Please consider supporting our work. Join our Patreon community: https://www.patreon.com/democracyatwork and help us spread Prof. Wolff's message to a larger audience. Every donation counts!
A special thank you to our devoted Patreon community whose contributions make this show possible each week.
******************************************************************************************
SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO
SUPPORT: Join our Patreon community at https://www.patreon.com/democracyatwork or donate on our website at https://www.democracyatwork.info/donate
Follow us ONLINE:
Facebook:
https://www.facebook.com/EconomicUpdate
https://www.facebook.com/RichardDWolff
https://www.facebook.com/DemocracyatWrk
Twitter:
https://www.twitter.com/profwolff
https://www.twitter.com/democracyatwrk
Instagram: https://www.instagram.com/democracyatwrk
DailyMotion: https://www.dailymotion.com/democracyatwrk
Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshopify.com
Want to help us translate and transcribe our videos? Learn about joining our translation team: https://www.democracyatwork.info/getinvolved
******************************************************************************************
About our Guest: George DeMartino is a political economist at the Josef Korbel School of International Studies at the University of Denver. He explores economic theory and policy from an ethical perspective. In recent years he has focused on the ethical behavior of economists. His recent books, including The Economist’s Oath, criticize the economics profession on ethical grounds. And so does his new book, The Tragic Science: How Economists Cause harm (even as they aspire to do good), just published by University of Chicago Press. Before becoming an economists he was a union organizer and community activist in New Haven, CT.
Links: website: https:///www.georgedemartino.com
New Book: The Tragic Science: How Economists Cause Harm (Even as They Aspire to Do Good) University of Chicago Press. (https://press.uchicago.edu/ucp/books/book/chicago/T/bo177914924.html)
******************************************************************************************
NEW 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/
“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly https://www.democracyatwork.info/books
******************************************************************************************
SOURCES FOR SHOW SEGMENTS:
1. Baseball’s minor league players sign union cards: https://theathletic.com/3568822/2022/09/06/minor-league-union-mlb-mlbpa/?utm_source=pocket_mylist
2. High poverty rates among US families: https://www.diversitydatakids.org/research-library/research-report/families-job-characteristics-and-economic-self-sufficiency
3. Economics of discrimination against pregnant women: https://phys.org/news/2022-09-demoted-bullied-pregnancy-discrimination-exposed.html?utm_source=nwletter&utm_medium=email&utm_campaign=daily-nwletter
Locked Video
Seems you entered wrong password click here
to enter password again.