Weekly salon 4/5

1. Thailand is ‘least miserable’ country in the world again

Thailand is happy about being the least miserable country in the world in the in the Bloomberg Misery Index, which is an economic indicator devised by Arthur Okun, and is derived by simply adding the forecasts of unemployment and inflation for the following year.

However, Thailand’s performance in the index is due to the Thai government’s unique way of tallying unemployment. More noteworthy are the performances of Switzerland, Japan and Singapore. For what it’s worth, here are the 10 least miserable: Continue reading Weekly salon 4/5