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Christian M. Broda 作者

Aei Press

译者

2008-11-16 出版日期

128 页数

USD 15.00 价格

Paperback

丛书系列

9780844742755 图书编码

Prices, Poverty, and Inequality 在线电子书图书标签: 经济学 America

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发表于2024-09-05

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Prices, Poverty, and Inequality 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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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 key sources of increased prosperity: the introduction of new and better products and consumers' ability to substitute between goods. Deflating nominal wages by a cost-of-living index that adjusts for these previously unconsidered factors of prosperity suggests that the real wages of the poor have actually risen by 30 percent since the late 1970s--and that the poverty rate in America has fallen dramatically over the last forty years.

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