Markets and the economic condition of the poor

posted by
June 28, 2011
Bleeding Heart Libertarians
by Steven Horwitz  
Posted in Commentary

"One way of measuring the progress of 'the poor' over time is to see what the typical poor household is able to consume in different years. We actually do have some reliable data on this. The Census Bureau surveys US households and asks if they have certain consumer items in their homes. I have tracked this data, both directly from the Census Bureau and from other sources. Here’s what the latest data look like, along with some historical comparisons." (06/27/11)  

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