When people say their perception of the economy doesn’t match the numbers, are they just ill-informed?

It’s a familiar refrain: stock markets soar, GDP rises, unemployment falls, yet many Americans feel left behind, struggling to make ends meet. 

So what’s causing this disconnect between the rosy numbers and people’s lived experiences?

Joining me for thisWhoWhatWhy podcast are two leading thinkers on reimagining how we measure economic health and well-being: Jacob Hacker, professor of political science at Yale, and Jonathan Cohen from the American Academy of Arts and Sciences.