On Mar 11, 1:41 pm, ro...@[EMAIL PROTECTED]
wrote:
> On Mon, 10 Mar 2008 20:31:19 +0100, a...@[EMAIL PROTECTED]
(PeterBP) wrote:
> >ta <padl...@[EMAIL PROTECTED]
> wrote:
>
> >> What is the most objective measure of an individual's wealth?
>
> >Assets.
>
> True, but I assumed he meant relative ("an individual's") wealth, not
> absolute wealth. I see now that he might also have meant absolute
> wealth.
>
> -- Roy L
What I really meant was:
If someone asks you if you are better off financially today than 10
years ago, what is the most objective way to measure that?
"Real wages" is the usual term that I have seen most, but I'm just
wondering if that is universally accepted, or is there a different/
better measure. "Real wages" make good sense to me, but not being an
expert in economics, I'm just trying to learn if that is the best way.
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