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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The Washington Post is the latest site to integrate blog commentary (provided by Technorati) into their news coverage. Well done, Technorati and WaPo.
September 3rd, 2005 at 12:18 am
Interesting — Washington Post and Technorati
Interesting — Washington Post and Technorati