Economic Update- Financializing Public Universities for Wall Street’s Benefit

On this week’s episode of Economic Update, Professor Richard Wolff addresses the numerous requests for financial planning or investment advice that he receives from many of you. We touch on the truth about investing in the stock and/or bond markets. In addition, Professor Wolff offers a basic understanding of the economics of US capitalism's century-long, profit-driven failure to adequately provide housing to its people. Finally, an interview with Professors Eleni Schirmer and Sofya Aptekar about their new book "Lend and Rule" and their fight against the financialization of US public universities, and why it is so necessary.