The Real Story on Real Wages

The Real Story on Real Wages
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Commentary

There is vast grumbling out there about prices, which have nowhere returned to the 2019 status quo ante that everyone wants. Instead we faced a devastating inflation for four years (a 30 percent purchasing power loss) followed by a steady upward creep that has eroded gains in wages and salaries.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]