Robert Reich: We Get What We Measure; Why Policymakers Overlook Profits As The Source Of Inflation – OpEd

One of my goals is to help you uncover the ways wealth and power shape public policy. Today, I’m going to focus on a topic that may seem wonky to you — but that’s exactly the point. Its very wonkiness disguises the power dynamic lying behind it. 

The issue is how we measure the economy. 

Start with the rate of...