Words & Numbers

Episode 324: How Much Do Americans Earn?


Listen Later

The question, “How much do Americans earn?” seems simple. But there are so many moving parts below the surface that there is no single answer. For example, by “earn” do we mean “money from a job” or are we including interest income. What about Social Security retirement benefits? What about government welfare benefits? When we say “Americans” do we mean individual workers, or families, or households? When we say “How much” do we mean the average number or the median? Foolishness of the week: 02:43 Main episode: 06:00

Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com

See More Ant and James! http://www.wordsandnumbers.org

Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers

Apply for the Seminar on Classical Liberalism: Theory and Practice https://www.wabash.edu/stephenson-institute/summer-seminars

Quick Hits

https://globalnews.ca/news/9642634/psac-stike-remote-work/

https://www.dw.com/en/german-editor-fired-over-ai-created-schumacher-interview/a-65405192

Foolishness of the Week

https://www.cnn.com/2023/04/21/opinions/income-tax-wealthy-hodge/index.html

Episode Topic (Numbers are for 2021) Personal income: Income earned by all people from all sources Median personal income: $38,000 Mean personal income: $57,000 Usual Full-Time Earnings: Wages and salaries earned by workers who are employed full-time Median usual earnings: $56,000 Family income: Income earned from all sources by households of two or more related people Median family income: $89,000 Mean family income: $121,000 Household income: Income earned from all sources by households of one or more people Median household income: $71,000 Market income: Household income earned from market activities only Median market Income: $64,000 Per-capita GDP: All the income generated in the economy divided by the population Per-capita GDP: $70,000 https://www.census.gov/data/tables/time-series/demo/families/households.html https://fred.stlouisfed.org/series/MEPAINUSA672N

Words & Numbers Backstage https://www.facebook.com/groups/130029457649243/

More James at Smoke & Stories https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig

More Ant on YouTube https://www.youtube.com/antonydavies

Let Us Know What You Think mailto:[email protected]

Antony Davies on Twitter https://twitter.com/antonydavies

James R. Harrigan on Twitter https://twitter.com/JamesRHarrigan

 

#AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational

...more
View all episodesView all episodes
Download on the App Store

Words & NumbersBy Antony Davies and James R. Harrigan

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

351 ratings


More shows like Words & Numbers

View all
EconTalk by Russ Roberts

EconTalk

4,228 Listeners

Cato Daily Podcast by Cato Institute

Cato Daily Podcast

962 Listeners

City Journal Audio by Manhattan Institute

City Journal Audio

594 Listeners

The Ricochet Podcast by Ricochet

The Ricochet Podcast

1,375 Listeners

The Tom Woods Show by Tom Woods

The Tom Woods Show

3,356 Listeners

Part Of The Problem by GaS Digital Network

Part Of The Problem

4,694 Listeners

Ron Paul Liberty Report by Ron Paul Liberty Report

Ron Paul Liberty Report

2,263 Listeners

The Reason Roundtable by The Reason Roundtable

The Reason Roundtable

1,493 Listeners

Uncommon Knowledge by Hoover Institution

Uncommon Knowledge

1,966 Listeners

"YOUR WELCOME" with Michael Malice by PodcastOne

"YOUR WELCOME" with Michael Malice

2,139 Listeners

The Political Orphanage by Andrew Heaton

The Political Orphanage

964 Listeners

Bob Murphy Show by Robert Murphy

Bob Murphy Show

478 Listeners

The Reason Interview With Nick Gillespie by The Reason Interview With Nick Gillespie

The Reason Interview With Nick Gillespie

731 Listeners

The Soho Forum Debates by The Soho Forum Debates

The Soho Forum Debates

195 Listeners

Just Asking Questions by Reason

Just Asking Questions

91 Listeners