What We Can Learn From a Happiness Curve

Whether looking at great apes or humans, there is evidence that all of us experience a dip in our happiness curves at a similar stage of the life cycle.

How the Economy Affects Our Vote

The impact of the economy on our voting patterns is about much more than inflation, unemployment, and how much the GDP has grown.

How to Measure Our Misery

The economic way to demonstrate sadness is to look at misery indexes that use macro data to measure changes in our emotions.

One Way That Economists Measure Misery

A yardstick that combines inflation and unemployment, the Misery Index is a handy way to assess economic happiness but like all statistics, it has defects.

Our Weekly Roundup: From Misery to Chocolate

This week’s everyday economics stories involved quantitative easing, monetary and fiscal policy, supply and demand, ROI, GDP, unemployment and inflation.

An Economist’s Definition of Misery

While a misery index shows a nation’s inflation and unemployment rates, the eurozone’s high unemployment might create disproportionate unhappiness.

Animal Spirits and Gas Prices

Is a 9-cent drop enough to ignite our “animal spirits?” The 9-cent decrease refers to the average national price of a gallon of regular gasoline. And “animal spirits” is the optimism that leads to more buying and investing. During the…

A New Kind of Misery Index?

11.84 is the current level of our “misery index” if we use what Arthur Okun (economic advisor to Lyndon Johnson) created. November unemployment + inflation rates = 11.84. However, according to Floyd Norris, a new index might be more appropriate.…