Saturday, July 17, 2021

The Misery Index

First introduced in 1960s by Arthur Okun. Misery Index = inflation + unemployment. The index is a metric of well-being from an economic perspective. A new version is introduced by Hanke.

Misery Index: Which will be the most miserable economies in 2019?

Image credit - FocusEconomics

No comments:

Post a Comment

Dark Factories

A 'Dark factory' is a fully automated facility where robots, AI-driven systems, and IoT devices handle all production processes. It ...