Friday, December 5, 2014

Knowledge Is Power

The following chart shows the 10-year moving average of information services employees.

Click to enlarge.

January 31, 2001
The Onion: Metric System Thriving In Nation's Inner Cities

"The youths seem to have some large blind spots in their knowledge," Danielson said. "For example, they know millimeters very well and can distinguish between something that's 9mm wide and something 7.62mm wide, but for some reason, not one of the teens had ever heard of a hectare. And though they know how much volume a cc represents, none knew it stood for cubic centimeter."

Source Data:
St. Louis Fed: All Employees: Information Services


mab said...

Yikes, we're on the other side of candy mountain!

No doubt it took a ten year moving average to smooth out that peak. I know (a) ledge when I see it.

mab said...

I wonder what they call a "royal with cheese" in Japan?

Stagflationary Mark said...

On the one hand, the smoothing sure took out that peak! Shame on me for shaving it off like that.

On the other hand, the smoothing sure enhanced that parabola! And if there's one thing that says long-term sustainable growth, it's a parabola!

Fortunately, parabolas are quite rare in economics. I have to look at least 2-3 minutes to find one, lol. Sigh.

Got kidney?

Stagflationary Mark said...


I wonder what they call a "royal with cheese" in Japan?

A Quarter Percenter! ;)

mab said...

A Quarter Percenter!

For the rest it's ko-pay beef with cheese!

Stagflationary Mark said...

Ko-pay beef with cheese!


Something tells me that it comes with a side of lies!

Mr Slippery said...

Party like it's Y2K, all over again.

Stagflationary Mark said...

Mr Slippery,

Only this time, it's personal.

Quotes: It's Personal

Tim: He's made this personal.

Mike: I thought he made it personal when he slept with your girlfriend.

Tim: Well, he's made it more personal.

Mike: I don't think it gets much more personal than sleeping with your girlfriend, Tim.