Ask Prof Wolff
Ask Prof Wolff
Democracy at Work - Richard D. Wolff
What the NYTimes Gets Wrong about Inflation
8 minutes Posted Jun 29, 2022 at 12:00 pm.
0:00
8:24
Download MP3
Show notes

A Patron of Economic Update asks: "Christopher Leonard, author of "The Lords of Easy Money" has a piece in the 6/11/22 NYT (https://www.nytimes.com/2022/06/11/opinion/fed-federal-reserve-inflation-democrats.html) that addressed the issue of inflation's cause(s). He danced around your principal point, without actually saying it, namely that capitalism is in its death throes. I would be interested in your comments on his writing."