Today, I've seen numbers as low as 80,000 and as high as 176,000 for new jobs created. Now granted it's hard to measure these things with so many peoples' jobs in small business, but I'm thinking a gauge R&R would be appropriate for some of the pollsters out there generating these numbers.
And it also ought to be noted that if this is at all representative of the current status of economic measurement, it tells us what the Austrian school of economics has been telling us for nearly a century; mathematical economic models are a fool's errand because, as von Mises noted, man acts.
What Every Man Should Keep in His Glove Box
-
The glove box is basically your car’s junk drawer, accumulating this and
that odd document or condiment packet over the course of months and even
years. ...
21 hours ago
No comments:
Post a Comment