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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.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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It’s going to be shocking to many, but take note: Disney really gets this Internet thing. it’s the first of the major media companies to do it, and it’s continuing to lead the way.

10:21 pm | 7 comments

Apparently, Amanda Congdon is no longer with RocketBoom. Honestly, until today, I didn’t realize how serious a business RocketBoom was. It looks like the business end of this ended up driving the split between Congdon and the show’s producer, Andrew Baron. A boring announcement is on the Rocketboom site, and Amanda presents her side of the story at her blog. It’s unfortunate that this happened, as RocketBoom was one of the funnier video blogs out there.

On a related note, check out the techmeme coverage of this story. This is the type of news that’s right up techmeme’s alley: a story about a blog that is popular among the blogger types. Nearly every major voice on the social networking or user generated content site has said something, and techmeme has clearly identified this as a major story.

This is undoubtedly a testament to the quality of techmeme’s automation as well as a monument to how much bloggers like to talk about other bloggers…

9:49 am | leave a comment