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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If these churches run like businesses, do they compete with each other? How would you compete with another church? Does their religious mission (bring more followers into the flock) override the business mission? Will one of these churches ever go public? Just thought I’d ask. It’s an interesting phenomenon…
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