Hanke’s Annual Misery Index 2018: The World’s Saddest (And Happiest) Countries

By Steve Hanke, Contributor The first Misery Index was constructed in the 1960s by Art Okun. My modified Misery Index is the sum of the unemployment, inflation and bank lending rates, minus the percentage change in real GDP per capita. This year, Thailand takes the top spot as the least miserable country in the world in 2018. …read more

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