Frank Rose on Storytelling and the Art of Immersion
EconTalk
Bruce Meyer talks with host Russ Roberts about the middle class, poverty, and inequality. Many people argue that the middle class has made little or no economic progress over the last 30 years and that poverty and inequality have increased. Meyer argues that standard measures are based on faulty inflation data or a misplaced focus on pre-tax income instead of post-tax income or consumption.