THE MISERY INDEX
Misery Index: A lens through which to look at quality of life
Okun’s Version:
Absolute misery = inflation rate+ unemployment rate
In the past:
The last three presidents have increased misery in the U.S.
Is your state miserable?
Internationally:
Hank’s Version:
The Arab Spring of Misery:
Misery trend= (inflation + Interest + Unemployment) – (year-over-year % change in per capita GDP)
Spikes in Misery correlate with popular revolution dates, but continued instability has kept misery high.
Cut through the noise with real measures of quality of life, is your place in the world getting better or worse?
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