Econ 101 with Robert Reich

Synopsis

Inflation concerns dominate headlines as the end of the year approaches, prompting anxiety among Americans. Former United States Secretary of Labor Robert Reich argues that the real issue lies not in inflation itself, but in the lack of competition among large corporations driving up prices. In a discussion with Mike, Reich addresses the responsibility for rising costs of essentials like gas and milk, the importance of government intervention, and the emergence of labor movements across the country, challenging the narrative of a labor shortage.