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Paperback Prices, Poverty, and Inequality: Why Americans Are Better Off Than You Think Book

ISBN: 0844742759

ISBN13: 9780844742755

Prices, Poverty, and Inequality: Why Americans Are Better Off Than You Think

According to conventional wisdom, the economic well-being of all but the wealthiest Americans has stagnated or declined over the past twenty-five years. In Prices, Poverty, and Inequality: Why Americans Are Better Off Than You Think, Christian Broda and David E. Weinstein argue that this idea is based upon misleading measurements of wealth and poverty. The consumer price index used to compute official measures of real wages and poverty ignores two...

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