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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Great news. Chocolate is good for your heart. Not just your metaphorical, Valentine’s Day heart (stop snuggling, you two!) but my single, lonely heart as well. With discoveries like these, who needs pizzagra? I plan to spend this weekend making my heart as healthy as I can.
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