Is the Cost of Living Really Rising?

In 1900, 25% died before age 20.

@jacindaardern @NZLabour’s Healthy Homes Bill will raise rents to poor tenants and students

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Source:  David Friedman, Chapter 1: What Does Economics Have to Do with Law?

@StatModeling @ryanmcmaken Europe sub-Reddit just can’t handle the truth about how poor they are!?

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Living standards during the Industrial Revolution

@berniesanders How America’s middle class is disappearing

Both the proletariat and the middle class are withering away these days thanks to capitalism and freedom.

Source: Charts of the day: Another look at how America’s middle class is disappearing into higher income households – AEI | Carpe Diem Blog » AEIdeas.

Three different ways of measuring income growth since 1979 in the USA

https://www.facebook.com/592589870775439/photos/pb.592589870775439.-2207520000.1454057624./1145351625499258/?type=3&theater

Unions are not the cause of our 40 hour workweek

NZ real household incomes up 55% since 1994 but no dancing in the street by the Leftover Left

Pakeha and Pasifika real household incomes increased by 55% since the low point of 1994. Maori household incomes increased by 65% since 1994.

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Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Table D.6.

Rooms per person across the OECD member countries

There are quite large differences in the number of rooms per person in the European offshoots and the countries in Europe. Americans have much more room per person than the much exalted welfare states of northern Europe.

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Source:  OECD Better Life Index  – Data extracted on 07 Jan 2016 06:55 UTC (GMT) from OECD.Stat

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