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

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Christian M. Broda

Aei Press

2008-11-16

128

USD 15.00

Paperback

9780844742755

图书标签: 经济学 America

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发表于2024-07-21

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

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

图书描述

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.

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