Aaron Keith Harris and I discussed America’s Counter-Revolution: The Constitution Revisited on the LP Mises Caucus podcast, Decentralized Revolution. Listen here.
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...