Middle Class Stagnation, Not
An article by Terry Fitzgerald from the Minneapolis Fed (via Econlog) asks, Has Middle America Stagnated? It does a good job explaining why one should be wary of data on Average Hourly Earnings.
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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