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Does the CPI Overstate Inflation?
Posted By Don Boudreaux On February 28, 2006 @ 9:05 am In Standard of Living,The Hollow Middle | Comments Disabled
As Russ announced , Cafe Hayek recently opened a section dealing with the alleged "hollowing out" of America — the alleged disappearance of the American middle-class.
My two latest columns in the Pittsburgh Tribune-Review — here  and here  — offer some reasons why the Consumer Price Index likely overstates inflation — and, hence, causes the measured growth in living standards of ordinary Americans to be lower than it really is.
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 Russ announced: http://cafehayek.com/2006/02/woe_is_us.html
 here: http://www.pittsburghlive.com/x/search/s_425055.html
 here: http://www.pittsburghlive.com/x/search/s_428167.html
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