WS More or Less: Real Lives Behind the Numbers

from  More or Less: Behind the Stats

Jan 22, 2018

If you ask an economist to explain what is happening in a country’s economy. They rely on economic data points to describe what is happening – they might talk about the unemployment rate, average wages, and the numbers of people in poverty. They pull together the information available for thousands or millions of people to work out trends. But are we getting the whole picture? We speak to Rachel Schneider, co-author of the book, ‘The Financial Diaries’. It’s based on a large study in the U...more

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