The Mismeasurement of America
How Outdated Government Statistics Mask the Economic Struggle of Everyday Americans
By Gene Ludwig | Publisher: Disruption Books
About the book
\"A hard-hitting indictment of the data underpinning federal economic policies.\"
-- Kirkus Reviews (starred review)
The Mismeasurement of America reveals, at long last, why public perceptions of the economy differ so drastically from prevailing statistics. The truth turns out to be disconcerting: The statistics are misleading.
Here we find the roots of growing public resentment. Despite headlines heralding growth and prosperity, most Americans have fallen behind. They're working harder year upon year not to get ahead but merely to stay apace. For them, the American Dream appears to be slipping further and further away.
Beneath the resentment is something else: The misleading statistics that shape our understanding of reality are steering powerful policymakers to make misguided decisions at the federal, state, and local levels alike. And, for most Americans, the results continue to be catastrophic.
How did we get here? Having spent the better part of the last forty years working on economic policy, former US Comptroller of the Currency Gene Ludwig walks readers through the research done by the economic team at the Ludwig Institute for Shared Economic Prosperity. In the process, we see how outdated definitions have skewed our perceptions of:
- Unemployment
- Wages
- Inflation
- Upward mobility and growth
The Mismeasurement of America presents new and better ways to understand what's really happening in the American economy. To save the American Dream, we need good economic indicators. In these pages, Gene Ludwig shows us how to get there.
Editions of The Mismeasurement of America
- Hardcover
- ISBN 9781633311343
- EBook
- ISBN 9781633311350
- Audiobook
- ISBN 9781633311367
Read an Excerpt
\"A hard-hitting indictment of the data underpinning federal economic policies.\"
-- Kirkus Reviews (starred review)
The Mismeasurement of America reveals, at long last, why public perceptions of the economy differ so drastically from prevailing statistics. The truth turns out to be disconcerting: The statistics are misleading.
Here we find the roots of growing public resentment. Despite headlines heralding growth and prosperity, most Americans have fallen behind. They're working harder year upon year not to get ahead but merely to stay apace. For them, the American Dream appears to be slipping further and further away.
Beneath the resentment is something else: The misleading statistics that shape our understanding of reality are steering powerful policymakers to make misguided decisions at the federal, state, and local levels alike. And, for most Americans, the results continue to be catastrophic.
How did we get here? Having spent the better part of the last forty years working on economic policy, former US Comptroller of the Currency Gene Ludwig walks readers through the research done by the economic team at the Ludwig Institute for Shared Economic Prosperity. In the process, we see how outdated definitions have skewed our perceptions of:
- Unemployment
- Wages
- Inflation
- Upward mobility and growth
The Mismeasurement of America presents new and better ways to understand what's really happening in the American economy. To save the American Dream, we need good economic indicators. In these pages, Gene Ludwig shows us how to get there.
Frequently Asked Questions
What is The Mismeasurement of America about?
\"A hard-hitting indictment of the data underpinning federal economic policies.\"
-- Kirkus Reviews (starred review)
The Mismeasurement of America reveals, at long last, why public perceptions of the economy differ so drastically from prevailing statistics. The truth turns out to be disconcerting: The statistics are misleading.
Here we find the roots of growing public resentment. Despite headlines heralding growth and prosperity, most Americans have fallen behind. They're working harder year upon year not to get ahead but merely to stay apace. For them, the American Dream appears to be slipping further and further away.
Beneath the resentment is something else: The misleading statistics that shape our understanding of reality are steering powerful policymakers to make misguided decisions at the federal, state, and local levels alike. And, for most Americans, the results continue to be catastrophic.
How did we get here? Having spent the better part of the last forty years working on economic policy, former US Comptroller of the Currency Gene Ludwig walks readers through the research done by the economic team at the Ludwig Institute for Shared Economic Prosperity. In the process, we see how outdated definitions have skewed our perceptions of:
- Unemployment
- Wages
- Inflation
- Upward mobility and growth
The Mismeasurement of America presents new and better ways to understand what's really happening in the American economy. To save the American Dream, we need good economic indicators. In these pages, Gene Ludwig shows us how to get there.
What core themes, tropes, or subjects are explored in The Mismeasurement of America?
Economics, Finance, Business and Management > Economics > Econometrics and economic statistics
Where can I read a sample of The Mismeasurement of America?
You can read an official preview of the few pages here https://www.book2look.com/book/9781633311343
How long is The Mismeasurement of America and how many pages does it have?
The Mismeasurement of America has 299 page(s)
Who is/are the Author/s of the book The Mismeasurement of America?
Gene Ludwig
What are the ISBN numbers for the physical and digital editions?
The Mismeasurement of America is available as hardcover(ISBN 9781633311343) and ebook(ISBN 9781633311350) and audiobook(ISBN 9781633311367)
Where can I buy The Mismeasurement of America online or support local independent bookshops?
You can buy The Mismeasurement of America from below
Where can I buy The Mismeasurement of America?