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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Via John Battelle, I learned that Yahoo launched blog search tonight. About time. Not sure if I posted this here, but Google launched their blog search a while back (I may have just added it to the micro blog/links to the right).
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