Archive for July, 2012


Remember the Misery Index?

The Misery Index, created by economist Arthur Okun, was invented back in the 1970s when things were pretty miserable. It was a simple calculation that added together inflation and unemployment and presented the results on a graph. With the comparatively robust economies of the 1980s and 1990s, this measure fell out of fashion somewhat, but […]

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AMA

Olympics to Provide UK Economic Boost? Maybe…

It’s no secret that modern day Olympic host countries have come to view the arrival of the games as a chance to receive an economic adrenaline shot. With England mired firmly in the throes of double-digit inflation, British politicians and economists alike are crossing their fingers that the positive effects of the London festivities will […]

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AMA

Consumer Debt is a Slaver with a Pretty Face

Are you a voluntary slave to the monthly payment? Most Americans are to some extent. Take a moment to calculate exactly how much of your money is tied up paying interest to institutions that loaned you money for another new car, a bigger house, a kickin’ stereo, or a tropical vacation. The problem with this […]

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Law School Now a Bad Career Move?

We couldn’t help noticing a recent article over at Forbes.com titled “Why Attending Law School is the Worst Career Decision You’ll Ever Make.” While, of course, the title is a little over-the-top because how on earth can you reliably measure job satisfaction, the numbers discussed within should give every budding legal elitist pause to consider. […]

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