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Mark J. Perry

Mark J. Perry

Economist, American Enterprise Institute Senior Fellow

Appears in 1 story

Notable Quotes

"Things can become more expensive in dollar terms while simultaneously becoming more affordable in time prices."

Stories

The affordability debate: Are things getting cheaper or more expensive?

Money Moves

Creator and annual updater of the 'Chart of the Century'

For decades, economists have argued over whether life is getting more affordable. A new analysis of Bureau of Labor Statistics data from 2000 to 2025 shows that while the Consumer Price Index rose 92.6%, average hourly wages climbed 131.1%.

Updated May 23