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.)
Dana Fried /
npub1sy…tel2e
2023-12-02 23:37:04
Author Public Key
npub1syuuldp8kpkhpy3ugeatr66u2teht3ynl8h6ynvdv0z7ywmy7c5qctel2ePublished at
2023-12-02 23:37:04Event JSON
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