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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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Interesting development…

11:20 pm | leave a comment

Clever, sure. Actually useful? Not so convinced.

2:34 pm | leave a comment

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.

4:14 pm | leave a comment

Interesting stuff. Facebook developers may not want to blast out news feed items… the volume is throttled at the pump.

8:30 pm | leave a comment

Pretty basic app, but serves the purpose. You can also check out the Sports Illustrated version, which seems a bit more robust. Feels weird endorsing another sports company’s product…

6:01 pm | leave a comment

Excellent points about what makes a social networking site a social networking site. I can’t believe anyone would compare Geocities to Facebook or MySpace. Yes, they’re both ways to express your personality on the Internet, but that’s it. It’s like comparing a moped and a Ferrari because they’ll both work on roads.

3:05 pm | leave a comment

Pretty interesting commentary. Sounds about right to me.

11:27 pm | leave a comment

What surprised me was that Barack Obama has the most friends of all of the candidates on MySpace:

Most of the candidates already have MySpace pages. See, for example, Hillary Clinton (7,468 friends), John Edwards (16,921 friends), Rudy Guiliani (private profile), John McCain (3,596 friends) and Barack Obama (89,465 friends).

Mike Arringtoon covers some potential issues (he would prefer FaceBook over MySpace for something like this).

12:45 pm | leave a comment

Very interesting:

“Starting in September, politicians will be able to buy profiles on networking site Facebook.com accessible to its 8 million members. That should help pols court a group of voters who are hard to reach. Facebookers will be able to ‘friend’ any candidate they like — linking to a profile as they would a classmate’s.”

2:53 am | leave a comment