Nonilex
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Coach Pāṇini ®“As a starting point and proof of concept, I propose the following Cost-of-Thriving Index (COTI): the number of weeks of the median male wage required to pay for rent on a three-bedroom house at the 40th percentile of a local market’s prices, a family health insurance premium, a semester of public college, and the operation of a vehicle.”
#CostOfThriving #OrenCass
https://americanaffairsjournal.org/2020/02/the-cost-of-thriving/
The Cost of Thriving - American Affairs Journal
It sounds like an absurd riddle, or perhaps a kindergarten-level math problem: the median male full-time worker earned $314 per week in 1979, while his counterpart at the median in 2018 earned $1,026; who was better off? In fact, the question proves fiendishly difficult, even as its answer lies at the heart of understanding America’s economic progress...