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June 21, 2023
The Bad Math Behind Economic Doomerism
…Cost-of-Thriving Index (COTI). The index takes the combined cost of five essential goods and services—groceries, transportation, housing, health insurance, and higher education—and divides it by the median weekly earnings of…
May 5, 2023
Wrong Diagnosis, Wrong Prescription
…claim sets the poverty line at half of the median income in each country. Because the U.S. has among the highest median incomes in the world, such relative poverty measures…