Drew Carey on the stronger than ever middle-class.
Update: More here.
Archive for the 'StdOfLiving' Category
Feb5th2008
What Disappearing Middle-Class?
Published by in Economics, ModernPolitics, Myths and StdOfLiving. 1 CommentNov14th2007
The Irrelevance Of Income Inequality
Published by in Economics, General, Inequality and StdOfLiving. 0 Comments“Nevertheless, measures of inequality of incomes do indeed vastly overstate the inequality of material living standards. Nearly all Americans enjoy easy access to the likes of microwave ovens, cell phones, the Internet, and MP3 players, as well as, of course, to food, clothing, and shelter. So the differences separating the super-rich from ordinary […]
Aug17th2007
Quote Of The Day
Published by in (modern day) Liberalism, Economics, General, ModernPolitics and StdOfLiving. 1 Comment“Sometimes I wonder whether much of the public outcry over the gain in weight of teenagers and adults stems mainly from the revulsion that many educated people experience when seeing very fat people. Surely, though, this should hardly be the ground for interventionist policies!” –Gary Becker, Nobel Laureate in economics, writing on why a fat […]
Aug16th2007
Gary Becker, Nobel Laureate in economics, writes:
Let me respond to the important question of how can we reduce gentrification that replaces lower income housing by middle and upper income housing. I believe in allowing supply and demand in the housing market to determine land use. Unfortunately, the balance is frequently artificially tilted in favor […]
Aug9th2007
Gary Becker, Nobel Laureate in economics, explains why we are getting fatter:
Several factors explain why the average weight of Americans (and those in other developed countries) increased a lot more rapidly after 1980 than it had before. The effective price of fatty foods began to decline rapidly at that time, in part due to the […]
Jul4th2007
“America gives a better life to the ordinary guy than does any other country. Let’s be honest: rich people live well everywhere. America’s greatness is that it has extended the benefits of affluence, traditionally available to the very few, to a large segment in society. We live in a nation where “poor” people have TV […]
Sep8th2006
Economics Debate: Why Are We Getting Fatter?
Published by in Capitalism, Debates, Economics, General and StdOfLiving. 1 CommentThe Wall Street Journal has posted another economics debate. This time it is between Darius Lakdawalla and Carol Graham, on the topic of American obesity (No subscription needed for 10 days).
The debate can be found here.
My favorite parts:
It’s no secret that Americans have been getting fatter over the last several decades. But in fact, weight […]
