NEWS + ANALYSIS
STEVE HANKE

NEWS + ANALYSIS

REFLECTIONS ON THE MISERY INDEX

July 23, 2014 | by Steve Hanke

Recently, I calculated misery index scores for 89 countries (see: Globe Asia May 2014). For any country, a misery index score is simply the sum of the unemployment, inflation and bank lending rates, minus the percentage change in real GDP per capita. A higher misery index score reflects higher levels of “misery”.

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