1. Money Illusion
An important concept for all those who depend upon money (yes, that's all of us!) to understand.
- Investopedia definition of Money Illusion
- Wikipedia definition of Money Illusion
2. Anchoring
Less important but something to thing about.
- Wikipedia Definition of Anchoring
3. Related articles
Worth reading to round out your perspective on GDP per Capita and wage distribution over time. Warning: some of these articles champion regulatory/policy solutions, which this site generally does not support.
- "Grossly Distorted Picture": 2008 Economist article on importance of per capita GDP as indicator of economic health.
- "The Great Wage Slowdown of the 21st Century": 2014 New York Times article on slowing wage growth for all except for the top decile.
- "Why America’s Workers Need Faster Wage Growth—And What We Can Do About It". 2014 article from the left-leaning Economic Policy Institute, describes rising inequality since the mid-1970's.
4. Related sites
- Measuring Worth: Contains a large number of helpful data sets, particularly on wages. We used several of this site's indices in our analytic work.
- Shadow Stats: Skeptical commentary and analysis on government provided statistics.
5. Other resources
These sites are not directly connected to the Index but share the stayingeven's strong bias towards individual liberty and empowerment.
- Cato Institute: One of the most important American institutions with a primary focus on individual liberty and limited government.