Month: June 2021

Blaming Government for Capitalism’s Ills Posted on 2021-06-10, Richard Wolff, Democracy at Work A patron of Economic Update asks: “According to a recent Axios article on Americans’ trust in institutions (linked below), 77% say they trust their employers and 62% trust businesses, both outperforming NGO’s and government by significant margins. After a mass upward transfer of wealth, decades Read more…

Economic Update – Alberta 2021-06 Posted on 2021-06-05 The insurance industry in Alberta is rising prices of insurance premiums. In some cases, by 18%. Their defense is “you see this happens when the (NDP) government freezes insurance premiums in the province”. This is a “natural” reaction to all of that. Another one: “Alberta is a Read more…