This graph
Might be a useful complement to Tim Lee’s piece on Niskanen and the Market Monetarist.
Note: I styled the graph to match Niskanen’s
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4 comments
Comments feed for this article
Thursday ~ November 3rd, 2011 at 4:13 pm
Becky Hargrove
There’s another graph that needs your “graph magic”, which I had to scramble to find the link on…
http://blog.mises.org/18927/capitalism-has-failed
Thursday ~ November 3rd, 2011 at 4:28 pm
Karl Smith
What do you want me to do to it?
Thursday ~ November 3rd, 2011 at 7:50 pm
Becky Hargrove
The first time I saw this graph, several weeks ago, it appeared that the decline in the present was far greater than the ups and downs that were portrayed from the fifties. It made me wonder if I was seeing a different version, sorry I don’t remember the location of the first.
Thursday ~ November 3rd, 2011 at 7:55 pm
Karl Smith
You are right – the graph you linked to was in logs. A non log version would look like this
http://research.stlouisfed.org/fredgraph.png?g=3a8