Inflation Headed Down: Mark Perry Interview Posted
I Interviewed Mark Perry of the Carpe Diem blog (and, in his spare time, professor at University of Michigan Flint) for the Businomics Audio Magazine. Mark has a very optimistic take on the inflation outlook. Listen here.
Comments
This is a question, not a commnet. Has the $73 total compensation number been adjusted to include results of last year’s wage negotiations? UAW claims that quotes on wages generally to not take this into account and thus overstate current compensation–though, interestingly, they do not provide an alternate estimate.
CB, resident scholar, AEI
CB, check out Mark Perry’s post on the subject: http://mjperry.blogspot.com/2008/11/more-on-total-hourly-labor-costs-gm-vs.html