Stories >> Economics
Phil Gramm and John Early: Americans Are Richer Than We Think
Our flawed measures of inflation understate wealth and improvements in consumer well-being. What’s the best way to measure economic well-being in a country as large and diverse as America? One crucial tool is price indexes, which allow us to take common measures of flourishing—hourly earnings, median household income, poverty, gross
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Posted: August 21, 2019 Wednesday 06:59 PM