Welcome, friends to another edition of Economic Update, a weekly program devoted to the

economic dimensions of our lives and those of our children.

I'm your host, Richard Wolfe.

I have exceptionally a couple of announcements to make at the beginning of this program.

The first responds to a listener, an acute listener, who raised a question, and the question

had to do with how I identify two of the people I bring on to this program from time

to time. Dr. Harriet Fraud is one and Tess Fraud

Wolf is the other. I bring them on for the same reason that I bring on every other guest

on this show. I think they have something important to share with us, and I think they are especially

qualified by the work they do, the education they've had, the research they've done, to be

on this program and to share what they have learned with the rest of us. I should mention, this listener says, if there's anything else in the interests of full

transparency that might be mentioned.

So I'm going to do that because I thought it was reasonable.

Dr. Harriet Fraud is also my wife, and Tess Fraud Wolf is also my daughter.

I have other relatives who have never been on this program, and other relatives who once were and haven't come back for a variety of reasons.

I assure you that these two folks, Dr. Fraud and Test Fraud Wolf, are

exceptionally qualified as your volume of response has proven to be the case. But I did want

you to know lest there be any wondering about doing that.

If you're asking yourself why I might not have, the answer is the obvious.

To mention that would be perhaps to lead people to think that they're there because they're

connected to me personally rather than because of what they have to say.

I can assure you that is not the case. As usual, I also want to remind you that Charlie Fabian

...