The company said Friday it would restate its financials for every quarter since 2007 due to "errors identified in the financial statements, " which include several overstatements of pre-tax income.

FORBES: Magazine Article

Cowen acknowledges many hiccups in the broad income growth measures (possible overstatements of inflation and understatements of quality of life) but says the great preponderance of evidence leaves no doubt: our standard of living is stuck.

FORBES: Tyler Cowen's Techno Slump