Free Market
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Free Market 20, no. 6 (June 2002) The headlines of the business pages have been trumpeting the arrival of recovery now for months. How do the experts decide when recession has turned to recovery? By looking at the data, which come in packages labeled in various ways: the GDP, the leading indicators, the unemployment rate, industrial