misery index

How would India fare on a ‘modified’ misery index? Better than US & UK, worse than most others – The Print

(This article first appeared in The Print on June 11, 2022) 

  • Back in the 1970s, macro-economic management in the advanced economies faced a novel challenge. Inflation and unemployment, instead of moving in opposite directions through the ups and downs of the business cycle, went in the same direction…

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