misLeading Indicators: How to reliably measure your business

The definitions of performance indicators are critical: the case of unemployment.

The US Bureau of Labor statistics calculates inflation several different ways. The mostly widely reported is U-3, and what people generally call the “unemployment rate.” U-6 has a broader definition and includes discouraged workers and those that work part time because they cannot find full time work. In the 1930’s depression many workers were given [...]

Who is misleading on flu death count?

The US Centers for Disease Control and Prevention (CDC) reports that:  during the 1990s, flu-related deaths ranged from an estimated 17,000 during the mildest season to 52,000 during the most severe season (36,000 average). Studies going back to 1976 have found that flu-related deaths ranged from a low of 4,700 to a high of 56,600 [...]

What is the crime rate? Is it going up or down?

Are crime rates going up or down? There are more and more criminal offences on the books. but one senior government official does not believe his government’s crime statistics.



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