Economy Media Criticism Richard Wolff

VIDEO: Ask Prof Wolff: What the NYTimes Gets Wrong About Inflation

Pmk58, CC BY-SA 4.0, via Wikimedia Commons

By Richard Wolff / Democracy At Work

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/op…) 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.” This is Professor Richard Wolff’s video response.

Richard Wolff
Richard Wolff

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.
Earlier he taught economics at Yale University (1967-1969) and at the City College of the City University of New York (1969-1973). In 1994, he was a Visiting Professor of Economics at the University of Paris (France), I (Sorbonne). Wolff was also regular lecturer at the Brecht Forum in New York City.

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