Are We Worse Off Than in 1973?
February 14, 2011 at 03:33 AM EST
Tyler Cowen has a new book out, called The Great Stagnation. It is reviewed by anti-immigration pundit Steve Sailer. Cowen and Sailer make a familiar argument, which is that while the rich are getting richer, ordinary Americans have experienced no improvement in their standard of living since 1973, and perhaps even a detritions (1973 is [...]