Cover

Title

Copyright

Contents

Acknowledgments

1 Introduction

2 The measurement of economic welfare

3 Measuring consumption: An initial look at the data

4 The cost of living

5 The standard of living

6 Does a rising tide raise all ships?

7 Consumption and poverty

8 Conclusions

Appendix 1: Measuring individual and social welfare

Appendix 2: Interpolating and extrapolating the expenditure distribution

References

Index