Prices, Poverty, and Inequality
Mr. Weinstein projected charts and graphs during his presentation. He was joined in discussion by Douglas Besharov, Gary Burtless, and David Johnson. Henry Olsen moderated. The panelists re
David Weinstein talked about the book he wrote with Christian Broda, Prices, Poverty, and Inequality: Why Americans Are Better Off Than You … read more
David Weinstein talked about the book he wrote with Christian Broda, Prices, Poverty, and Inequality: Why Americans Are Better Off Than You Think (American Enterprise Institute Press; October 2008). In the book they argue that the conventional idea that the economic well-being of all but the wealthiest Americans has stagnated or declined over the past twenty-five years is based on misleading measurements of income and poverty. When they adjust the consumer price index used to compute official measures of real wages and poverty to account for the benefits of new and improved products and the consumer’s ability to substitute less expensive goods for goods that have become more expensive Americans in every income group are substantially better off economically than they were a quarter-century ago.
Mr. Weinstein projected charts and graphs during his presentation. He was joined in discussion by Douglas Besharov, Gary Burtless, and David Johnson. Henry Olsen moderated. The panelists re close
People in this video
More PeopleHosting Organization
Related Video
-
Stimulus Aid to Economically Disadvantaged
Elizabeth Lower-Basch talked about the provisions to help middle- and lower-income individuals most impacted by the econ…
-
Poverty and Income Data
A panel discussion was held on new figures released that day by the U.S. Census Bureau on income, poverty, and health in…
-
Income and Poverty Census Bureau Numbers
A panel discussion was held on the latest numbers for income and poverty from the Census Bureau. Douglas Besharov modera…
-
2006 Report on Money Income, Poverty and Health
David Johnson spoke about the U.S. Census Bureau’s consolidated 2006 report on money income, poverty and health insuranc…