Critical Analysis of Bernanke's speech on the FED and Research on Redistribution to Reduce Inequalit

Air date: 
Wed, 03/12/2014 - 9:00am - 10:00am
Short Description: 
Economic Update with host Richard Wolff

We hear this week's episode of Economic Update with host economist Richard Wolff. He discusses Former Federal Reserve Chairman Ben Bernanke's speech on the FED's bail out of the biggest financial corporations and new IMF research showing that redistribution to reduce inequality does NOT hurt growth. He also responds to questions on how and why WSDEs perform better than capitalist enterprises and on why governments hire contractors vs public employees to provide services.

 

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