What’s the correct reference point for living standards?

Jared Bernstein Posted by Jared Bernstein.

From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joe Biden, executive director of the White House Task Force on the Middle Class, and a member of President Obama’s economic team.


I respond to Megan McArdle…it would appear that we have different reference points for evaluating living standards and even liberty! .

I respond to Megan McArdle…it would appear that we have different reference points for evaluating living standards and even liberty!