Quality deterioration, not factored into inflation statistics, means that we spend the same amount for inferior products.
Donald L. Losman
Donald L. Losman, Ph.D., is adjunct professor of economics at Rollins College in Winter Park, Florida.
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Donald L. Losman, Ph.D., is adjunct professor of economics at Rollins College in Winter Park, Florida.
Quality deterioration, not factored into inflation statistics, means that we spend the same amount for inferior products.
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