… is from page 22 of Eamonn Butler’s 2022 book, An Introduction to Economic Inequality:
Meanwhile, life expectancy has risen markedly, and infant mortality is now a rarity. People work fewer hours and take longer holidays. This is not ‘stagnation’, but a marked improvement that benefits lower earners the most. It narrows the real differences in living standards, but the statistics fail to account for it.
Meanwhile, life expectancy has risen markedly, and infant mortality is now a rarity. People work fewer hours and take longer holidays. This is not ‘stagnation’, but a marked improvement that benefits lower earners the most. It narrows the real differences in living standards, but the statistics fail to account for it.The post Bonus Quotation of the Day… appeared first on Cafe Hayek.