Lies, Damn Lies, and European Growth Statistics by Yanis Varoufakis - Project Syndicate
I added to comments because I don't believe serious economists even know or understand what inflation or deflation actually is or even have the capability of creating an index that actually measures 'real' inflation or real incomes, or real deflation.
https://www.project-syndicate.org/commentary/europe-real-national-income-mirage-by-yanis-varoufakis-2016-03?utm_source=Project+Syndicate+Newsletter&utm_campaign=4bebadab58-Stiglitz_The_New_Generation_Gap_3_20_2016&utm_medium=email&utm_term=0_73bad5b7d8-4bebadab58-93479177#comments