Arthur Melvin "Art" Okun (November 28, 1928 – March 23, 1980) was an American economist. He served as the chairman of the Council of Economic Advisers between 1968 and 1969. Before serving on the C.E.A., he was a professor at Yale University and, afterwards, was a fellow at the Brookings Institution in Washington, D.C.
In 1968 he was elected as a Fellow of the American Statistical Association.Okun is known in particular for promulgating Okun's law, an observed relationship that states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2,5% lower than its potential GDP. He is also known as the creator of the misery index and the analogy of the deadweight loss of taxation with a leaky bucket. He died on March 23, 1980 of a heart attack.
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Some of their strengths
Arthur M. Okun has many admirable traits.
Based on spiritual traditions from around the world, they are someone who can be described as Intuitive, Practical, Adventurous, Independent, Energetic, Creative, and Generous.
Adventurous and Independent
According to Mysticism’s Astrology tradition, Arthur M. Okun is someone who is an adventurous, independent, and energetic person, who is insightful, imaginative, generous, and honest. A person who seems to identify with family, heritage and ancestry.
Adventurous and Free
Based on Daoism’s Ba-Zi or ‘Chinese Zodiac’ tradition, people who know Arthur M. Okun well know them as someone who can be talented, wayward and free, like a big river or the ocean.
Independent and Organized
According to Hinduism’s Jyotisha or ‘Vedic Astrology’ tradition, many would also describe Arthur M. Okun as someone who is independent, organized, inventive, and generous.
A person who is curious and a loves learning, who seems to always know what to say, who has an optimism that can overcome any difficult situation, and who seems to be able to master almost any skill.
Wise and Deep
Based on the Mayan Tzolk’in or ‘Mayan Astrology’ tradition, Arthur M. Okun is someone who tends to have an internal innate wisdom, and who people tend to see as an "old soul".
They are also someone who is balanced, stable, and energetic, who likes the idea of home and family, and who is very comfortable being the person in charge.
Optimistic and Quick-witted
According to Judaism’s Kabbalah tradition, Arthur M. Okun tends to be someone who is optimistic and spontaneous, and who has a clear and analytical mind. Who can be witty, with a happy-go-lucky- nature that makes others cheerful, and who possesses an adventurous zest for life.
Some of Arthur M. Okun's challenges
While Arthur M. Okun has many strengths, nobody is perfect. They also have some challenging traits they need to manage.
For example, Arthur M. Okun can be Impulsive, Careless, Emotional, Standoffish, Difficult, Perfectionist, and Domineering.
Impulsive and Careless
One of Arthur M. Okun's key challenges is that they are someone who can be impulsive and careless.
Domineering and Impatient
Arthur M. Okun is someone who can be demanding, egotistical, and controlling, can have a lack of judgment regarding personal finances, be argumentative and stubborn, and who can have a tendency to be withdrawn and spend time in self-imposed isolation.
Irritable and Callous
Finally, Arthur M. Okun also can be short-tempered, childish, insensitive, and careless at times.
