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[EconLog: Library of Economics and Liberty] Meanwhile, the economic cycle has not gotten shorter, so it still takes several quarters for the economy to change direction. In fact, if anything, it could be that as far as unemployment is concerned, the economic cycle has gotten longer: as our labor force becomes more heterogeneous, it takes even more time to redeploy people out of declining businesses and into expanding ones.

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[Economy] The Economy and the News Cycle, Arnold Kling | EconLog | Library ”¦: In fact, if anything, it could be that as far as unemployment is concerned, the economic cycle has gotten ”¦ Read more here: The Economy and the News Cycle, Arnold Kling | EconLog | Library ”¦ Related posts: ...

[Free Hostss] The Economy and the News Cycle, Arnold Kling | EconLog | Library ”¦: The Economy and the News Cycle, Arnold Kling | EconLog | Library ”¦ Posted by admin 23 July, 2009. The news cycle has gotten shorter over the years. If a story is more than three days old, it is stale. Original post: ...

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