The Mystery of the Jobless Recoveries
May 29, 2013 at 13:55 PM EDT
Back in the 1970s I was driving near Moncton, New Brunswick when I came across Magnetic Hill. Cars in neutral seem to roll uphill, perhaps due to an optical illusion. I’m going to argue that this strange hill may provide an explanation for the mystery of the last three recoveries, which have been widely labeled [...] View the full post at: The Mystery of the Jobless Recoveries Related posts: The $134 Billion Mystery Dr. Krugman and Mr. Keynes US Metro Areas with Highest Jobless Rates
