Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.
Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.
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Attack of the killer Santa Clauses at an Islanders game. Or should I have called it Trojan Santas?
December 28th, 2003 at 6:58 pm
just reading that title, isnt that a futurama episode?