Oh my god, please make AP stop. I wonder how much VC I would need to take on the AP and their crappy, crappy reporting. Whatever their standards were in the past, they truly suck these days. A lot of bad reporting and the “conventional wisdom” that gets generated happen because of poor fact checking and reporting from the AP. It’s time that we demanded better. I just don’t know how to make that happen.
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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.
2:42 pm | leave a comment
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