To Secure Liberty

for ourselves and our posterity. Observations and analysis from Daniel McIntosh.

26 November, 2017

Millennials are the new peasants

Yet another reminder that the statisitical mean, when dealing with the distribution of wealth, is a terrible way of understanding the world.

Who Has Done the Best Since the 2008 Meltdown? Hint: Not Millennials | Big Think
Posted by Daniel McIntosh at 3:10 PM
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Labels: economics, education critical thinking, Gross domestic product, Statistical significance

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I'm a Professor Emeritus of Political Science at Slippery Rock University. My opinions are mine alone.

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