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The Mismeasurement of America: How Outdated Government Statistics Mask the Economic Struggle of Everyday Americans

The Mismeasurement of America reveals why public perceptions of the economy differ so drastically from prevailing statistics: The statistics are misleading.

Former US Comptroller of the Currency Gene Ludwig walks readers through the research done by the Ludwig Institute for Shared Economic Prosperity. In the process, we see how outdated definitions have skewed our perceptions of:

•     Unemployment

•     Wages

•     Inflation

•     Upward mobility and growth

The Mismeasurement of America presents new and better ways to understand what’s really happening in the American economy. To save the American Dream, we need good economic indicators. Gene Ludwig shows us how to get there.

Author Gene Ludwig

ABOUT THE AUTHOR

Gene Ludwig, 27th Comptroller of the Currency, is an expert on banking, regulation, risk management, and fiscal policy. In 2019, he founded the Ludwig Institute for Shared Economic Prosperity (LISEP), a nonprofit dedicated to improving the economic well-being of low- and middle-income Americans through research and education.

His writing has appeared in The New York TimesThe Wall Street JournalThe Atlantic, Politico, the Financial Times, and TIME. He and his family have owned a home on Martha’s Vineyard for many years.

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