Recently Mark Perry and Don Boudreaux published an article in the Wall Street Journal challenging "The Myth of a Stagnant Middle Class." They point out that the middle class is better off than nominal measures of income might suggest, because "Household spending on food, housing, utilities, etc.
The Economy of Illusions
The Economy of Illusions
The Economy of Illusions
Recently Mark Perry and Don Boudreaux published an article in the Wall Street Journal challenging "The Myth of a Stagnant Middle Class." They point out that the middle class is better off than nominal measures of income might suggest, because "Household spending on food, housing, utilities, etc.