Word: okun
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...measure the health of the U.S. economy, suggested by the late economist Arthur Okun, is the discomfort index, a sum of the unemployment and inflation rates. In November 1980, that yardstick stood at 20.2% (12.7% inflation and 7.5% unemployment). On Election Day this year, TIME'S economists predict, the discomfort index will be only 12.7% (5.4% inflation and 7.3% unemployment...
Instead of joking for lawyers, the writers joke about lawyers, including their less well-rounded fellow students who wear white socks with loafers. Rob Okun delivers some of the play's best lines as Leroy Fibre, the class dweeb. He gives Thornbook a rubber chicken as part of some arcane Ames competition ritual and lamely jokes about fondling it. Thornbook stares him down, and Okun stammers out, a la Jerry Lewis and Peter Lorre, "I really didn't fondle it; I only said that to impress...
...Council Transfer SheetNO. TO BE ELECTED Quota 2638 1st Count 2d Count W.Sullivan Surplus 3rd Count D Sullivan Surplus 4th Count McGurk Ruma-Jones 5th Count Hunt 6th Count Okun 7th Count LaTrem-ouille 8th Count Agee 9th Count CaragianesAgee 212 2 214 0 214 2 216 15 15 231 28 259 7 266Bentubo 271 5 276 0 276 3 279 1 280 1 281 3 284 35 319 11 330Caragianes 289 5 294 1 295 1 296 1 298 3 301 1 302 5 307Clinton...
...misery index that Jimmy Carter first referred to during the 1976 campaign, and that Ronald Reagan keeps citing in his attacks on the President, was concocted during the 1973-75 recession by the late economist Arthur Okun, who called it the discomfort index. He saw it as a puckish way to spotlight the nation's economic ills. The measure is simply the sum of the inflation and jobless rates. On Election Day of 1976 the index stood at 12.8%, with inflation at 5% and unemployment at 7.8%. The rate has climbed to 20% during Carter's White House...
...sharp business decline. Thus, instead of restraining wage or price demands when the economy slows, companies and unions continually push for more. Adam Smith maintained that each individual seeking his own profit would promote society's good, as if guided by an "invisible hand." But the late economist Arthur Okun argued that the comfortable relationship between Big Business and Big Labor has led to an "invisible handshake" that lifts both wages and prices...