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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Track & Validate
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Are you bored with lame emails telling you the build did not work last night? Well here is your answer!
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project uses red and green lava lamps to radiate the status of their scheduled build. Better yet, those lamps are controlled using X10 devices
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If it takes too long to fix the build, the red lamp will start to get angry
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