Dana Fried on Nostr: Americans' sentiment about the state of the economy is informed not by purchasing ...
Americans' sentiment about the state of the economy is informed not by purchasing power or wages, but by precarity.
This is because humans are, rightly, risk- and loss-averse.
Also: economists need to start looking at populations and medians and stop bothering with means. (This should be obvious.)
Published at
2023-12-02 23:37:04Event JSON
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