Today's exciting economic charts are brought to you today by the US Federal Reserve!
Your thought of the day:
"How much lost economic production have we have lost because 10% of the labor force is unemployed
AND
not just unemployed, but unemployed for a longer period of time than ever recorded
AND
also considering the labor force participation rate is going down?"
food for thought:
ReplyDeletebarter economy
black market (odd jobs)
happiness economics
gift economy
While you're showing hockey sticks, this one might tighten your shorts..
ReplyDeletehttp://2.bp.blogspot.com/_cvdgPlEKW9k/TCCDhxXk9AI/AAAAAAAABOY/tnmWr8pjffQ/s1600/graph_goldstandard.jpg