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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… and more distracting than a full slate of afternoon baseball and EVERY game available to you on TV?
June 24th, 2004 at 4:54 pm
Having IM clients installed on your machine.. I would have to say that is the most distracting thing ever. Oh, and having a fooze ball table at your office..
June 24th, 2004 at 6:21 pm
A room full of puppies.