The Great Antidote Jeremy Horpedahl on The Real Cost of Thriving Index
Sep 15, 2023
Jeremy Horpedahl, director of the Arkansas Center for Research in Economics, corrects American Compass's Cost of Thriving Index (COTI) and reveals that the cost of thriving has actually decreased. The corrections consider changes in taxation and highlight flaws such as ignoring inflation adjustments and including employer-paid healthcare costs. They discuss the impact of women's representation in education and workforce on the cost of living. Also, they explore the irony of work as a source of purpose and the importance of empirical cases and understanding data.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
The Cost of Thriving Index
02:53 • 8min
The Importance of Indices in Economics
11:20 • 11min
Discussion on the Focus of Mill Workers and the Importance of Considering Women's Contributions to the Workforce
22:47 • 4min
Inaccuracies in Measuring the Cost of Living Index
26:54 • 23min
Women's Representation in Education and Workforce: Impact on Cost of Living
50:13 • 6min
The Irony of Work and the Importance of Making Empirical Cases
56:20 • 4min