Economic Update – System Toxicity – 08.16.15

Updates on China’s currency moves, UK’S Corbyn like US Sanders, adjuncts unionize, Pepsi and Coke offer self-serving health advice, Rand Paul’s misunderstanding of economics. We answer questions about what happened to US real wages from 1974 to 2014. We analyze why no consensus about global warming, what are toxic effects of rising inequality, and role of psychologists in advertising.