alf landon

One Year Later: Why No ‘V’?

Quick questions: who said the following, and when did this person say this? Our own country has tried one economic theory after another. The present Administration asked for, and received, extraordinary powers upon the assurance that these were to be temporary. Most of its proposals did not follow familiar paths to recovery. We knew they were being undertaken hastily and [...]

The Last Boiling Frog Gave Birth To The Modern Unemployment Rate

By Jeffrey P. Snider|2018-06-20T16:27:36-04:00June 20th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The origins of the modern unemployment rate were, of course, political in nature. Before, the question was simple: you were either employed or you weren’t. There weren’t so many various stages of condition, a gradation that today is as enthusiastically applied to the very definition of the labor force itself. In August 1937, Congress finally authorized a national survey of [...]

Stay In Touch

Contact