Subject: [AUDITORY] A little Friday afternoon thought experiment From: Brian Gygi <bgygi@xxxxxxxx> Date: Fri, 2 Aug 2013 13:31:00 +0000 List-Archive:<http://lists.mcgill.ca/scripts/wa.exe?LIST=AUDITORY>----=_vm_0011_W498836183_18487_1375450260 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable Attached is a graph showing the job losses for US recessions since 1948. = One thing economists have pointed out is that the shape of the functions = have changed - prior to about 1990, there would be a rapid losses of jobs= , which would hit a sharp minimum, then rise quickly back up; whereas the= last few recessions have had slow prolonged loss curves, and equally slo= w recoveries. Now does anyone else think these have *uncanny* resemblance= s to auditory filters in normal and hearing impaired persons? Hmm? So, is= the US economy like a person with a profound hearing loss? That doesn't = bode well for remedial efforts... Feel free to stretch this metaphor until it snaps. Brian Gygi, Ph.D. ----=_vm_0011_W498836183_18487_1375450260 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable <html><body bgcolor=3D"#ffffff"><div><font face=3D"Verdana" size=3D"2"><= /font></div> <div><font face=3D"Verdana" size=3D"2"> </font></div> Attached is a graph showing the job losses for US recessions since 1948.&= nbsp; One thing economists have pointed out is that the shape of the func= tions have changed - prior to about 1990, there would be a rapid losses o= f jobs, which would hit a sharp minimum, then rise quickly back up; where= as the last few recessions have had slow prolonged loss curves, and equal= ly slow recoveries. Now does anyone else think these have *uncanny*= resemblances to auditory filters in normal and hearing impaired persons?= Hmm? So, is the US economy like a person with a profound hea= ring loss? That doesn't bode well for remedial efforts...<br><br>Fe= el free to stretch this metaphor until it snaps.<br><br>Brian Gygi, Ph.D.= </body></html> ----=_vm_0011_W498836183_18487_1375450260--