Posts Tagged ‘unemployment’

  • A New Kind of Misery Index?

    Dec 20, 09 • 188 Views • Thinking EconomicallyNo Comments

    11.84 is the current level of our “misery index” if we use what Arthur Okun (economic advisor to Lyndon Johnson) created. November unemployment + inflation rates = 11.84. However, according to Floyd Norris, a new index might be more appropriate.