Why Lyft Is Losing Money

Why Lyft Is Losing Money

Lyft just went public. At IPO, it was valued above $20 billion. It’s the first ride-hailing business to hit the market, beating next month’s expected IPO of bigger rival Uber. They’re also sort of known as the underdog and they’re probably the lesser known of...

Economic Update: Ecosocialism

Economic Update: Ecosocialism

Welcome, friends, to another edition of Economic Update, our weekly program devoted to the economic dimensions of our lives: debts, jobs, incomes, all of that—for ourselves, for our children, for the coming generations. I’m your host, Richard Wolff. I’ve been a professor of economics all...