Free Market
Author:
Jeffrey A. Tucker
Online Publish Date:
The Free Market 14, no. 2 (February 1996) Middle-class incomes, the core of what we call the “standard of living,” have been falling for more than two decades. Though people have known this intuitively, only recently have we heard much about it. Economists and the media have been conditioned to look for the ups and downs in the business cycle,