If it Quacks Like a Recovery?
The Free Agent conveyed her surprise to a friend the other day—the federal government’s economic indicators—corporate profits, GDP, net investment—all point to an economy catching a trade wind, finally, out of the doldrums. This seemed to contradict lots of her experience, stubbornly-high unemployment (even allowing for employment to be what economists call “sticky”, employers believed […]
If it Quacks Like a Recovery? Read More »