Roger Bohn – Google Scholar Citations

Roger Bohn – Google Scholar Citations.

Google does its usual amazing job of organizing information. They have a “scholar” page for every academic, with their best guess of all the papers written, and how many times they were cited. In some cases, they found web-accessible versions of academic articles  that I was not aware of.

Rather than trying to keep my own list up to date, I may come to rely on Google to do it for me.

Classic definition of recession no longer useful

We now need 2 separate concepts of recession. Time for employment to return to pre-recession

“Total GDP recession” is the conventional one. “Actual people recession” is the one that matters to almost everyone. The rationale is that all of the “growth” after the 2001 recession, and this one as well, is in the upper few percent of the income distribution, or in corporate profits. Median income, for example, has been approximately stagnant or declining for a decade. Much more important to “the 99%” is what happens to their share of national income – which is much slower to recover. (If you adjust for increasing health care costs, then median income is doing even worse – but that’s another story.) 

(This interpretation is my own. I got the graph link from Andy McAfee