As a shorthand gauge of our well-being, the Misery Index is a handy way to judge how inflation and employment could affect us.
Because President Lyndon Johnson asked for a shorthand look at economic happiness, we wound up with the Misery Index.
If Argentina's inflation numbers cliimb, so too will the distortions in people'e behavior as their spending incentives change.
Looking at our happiness through an economic lens, our metric can be a Misery Index composed of inflation and unemployment.
With a renewed need to launder tattered U.S.dollar bills, we have the return of Zimbabwe inflation and their problematic monetary policy.
To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.
Whereas we moved from many time zones to four during the 19th century, now, with globalization, we should switch to coordinated universal time for everyone.
Through six simple facts, we can better understand the meaning of Venezuela's hyperinflation and how much it has diminished production.
Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.
The economic way to demonstrate sadness is to look at misery indexes that use macro data to measure changes in our emotions.









