Oct 22, 2024
On this week’s episode of Economic Update, Professor Richard Wolff discusses the new law signed by California Governor Gavin Newsom banning "legacy and donor" favoritism in private college admissions to foster a "merit system." We also bring your attention to Javier Milei and his regime in Argentina as they impose austerity measures on the country: the masses will suffer to pay off debts that enriched the elite few in classic ways.
Finally, we Interviewed economics Professor Ian Seda-Irizarry of the City University of New York about the conditions provoking the rise of the political left and left unity in Puerto Rico.
Ian Seda-Irizarry is an Associate Professor and Graduate Program
Director at the
Economics Department of John Jay College, City University of New
York. His work
focuses on the current socio-economic crisis of Puerto Rico and its
relation to the
island’s first fiscal crisis in the mid-1970s.
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