I am always trying to understand the economy and this current “recession” we are in. My mind has difficultly processing anything with numbers, including economics so I struggle. I find the podcast Planet Money quite helpful and entertaining at the same time. Similarly, I just watched this video (below) and found it very enlightening but still easy to follow.
A recently-completed-his-PhD-former-grad student from UCSC posted this on his blog and I just had to share it. The video, “Crises of Capitalism” is narrated by Marxist economist/geography David Harvey. I know the idea of watching a 11-minute video about the economy might sound terrible, but please take the time. You will learn something!