Today I am sharing with you an article arguing that unemployment rates during the Great Depression were overstated, that current unemployment rates are understated and that the two sets of data considered in combination indicate that we are are firmly in Depression-era levels of unemployment.
Professors' global model forecasts civil unrest against governments - With protests spreading in the Middle East (now Yemen - not on the list) I thought this article and blog on a forecast model predicting "which countries will likely experience an escalation in domestic political violence [within the next five years]" was rather interesting. [more inside]
"Hard Numbers: The Economy is Worse than You Know" [full article for Harper's subscribers, a different abridged version] discusses how the Consumer Price Index and other US economic statistics have been manipulated over time. Among other things, the article claims, these changes make Social Security checks 70% lower than they would otherwise be. [more inside]
TheDataWeb - a network of online data libraries on topics including census data, economic data, health data, income and unemployment data, population data, labor data, cancer data, crime and transportation data, family dynamics, vital statistics data