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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Another bleg, if you won’t mind. Kareem reminded me about a post I wanted to do about Fan Nation, a small startup here in CT founded by a few former colleagues. I’m curious what the non-ESPN’ers think of Fan Nation. Leave comments below, and thanks!
