Sponsored by Oregon Business

Buzzing with the latest jargon

| Print |  Email
Monday, September 01, 2008

For University of Oregon professor and Economist’s View blog founder Mark Thoma the term “stagflation” is old news.

“In the 1970s we needed to describe supply shocks … inflation and unemployment at the same time,” says Thoma. “It was a way to convey that new idea through the word itself.”

Fast-forward to summer 2008. Gas prices across the country escalated to record highs. For vacationers that meant sticking close to home. For news writers and economics professors it signaled the invention of a new buzzword.

They all welcomed “staycation” with open arms.

Find “staycation” in The Wall Street Journal’s jargon tracker and you’ll see major media publications and bloggers laid it on thick in June and July. But the summer vacation season is over and Thoma says it’s only a matter of time before the birth of another buzzword.

“We may soon need a word to describe a jobless recovery,” says Thoma, referring to when unemployment remains high after the economy is healed. What’s a possibility?  “Unrecovery” has a nice buzz to it.    

CHRIS MILLER


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

Game On

March 2015
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR

The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.


Read more...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

The week journalism died

Linda Baker
Sunday, February 15, 2015
deadjournalismthumbBY LINDA BAKER | OB EDITOR

As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.


Read more...

LEED for weed

Linda Baker
Wednesday, January 28, 2015
012815-potcarbon-thumbBY LINDA BAKER | OB EDITOR

What is the impact of the legal pot industry on carbon emissions?


Read more...

Footloose

April 2015
Friday, March 27, 2015
BY LINDA BAKER

Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS