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September 24, 2026 

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MARGINALLY-ATTACHED WORKERS: People who are willing and able to work, who have either held a job or searched for employment within the last year, but are not actively seeking employment. Discouraged workers, people who are willing and able to engage in productive activities, but due to their overwhelming lack of success believe that any effort to find a job will be fruitless so they have stopped seeking employment, fall within this broader category of marginally-attached workers. People can be marginally attached to the labor force for a variety of reasons, discouraged workers, in contrast, achieve their designation specifically because they believe search efforts would not be worthwhile.

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ABSTRACTION

Simplifying the complexities of the real world by ignoring (hopefully) unimportant details while doing economic analysis. Abstraction is an essential feature of the scientific method. Hypothesis verification, model construction, and comparative static analysis are not possible without abstraction.

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PINK FADFLY
[What's This?]

Today, you are likely to spend a great deal of time at an auction wanting to buy either any book written by Stephan King or a T-shirt commemorating next Thursday. Be on the lookout for door-to-door salesmen.
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This isn't me! What am I?

A scripophilist is one who collects rare stock and bond certificates, usually from extinct companies.
"God gives talent; work transforms talent into genius. "

-- Anna Pavlova, ballerina

AR(N)
A nth-order Autoregressive Process
A PEDestrian's Guide
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