Friday, July 24, 2009

 

When the Misery Index Is Too Upbeat

The Huffington Post has launched a new monthly feature it’s calling the “Real Misery Index,” which it says offers a more accurate snapshot of the economic struggles Americans face today than the original one...

Developed in the 1970s by Arthur Okun, a Yale and Brookings Institution economist, the Misery Index is calculated by adding the unemployment rate and inflation rate...

WSJ: When the Misery Index Is Too Upbeat

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