Interesting stuff. None of the numbers surprised me. I’d expect some overlap at the very least, but the asymetry of the Facebook/MySpace overlap stands out. I know MySpace is bigger/older, but it raises a number of questions. Is the difference growing or shrinking, how do they do with “new” social networking users, demo, etc.
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sujal
11/24/2008
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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