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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Jonathan Miller (CEO of AOL) just said that they sent out a total of 660 million CDs over the years.
That’s just not right.
October 7th, 2005 at 12:20 am
And because of AOL, I have a major set of coasters…
and my tables remain dry!