Let’s just say I’m not holding my breath. To fully experience the stupidity of the Scott Beauchamp “controversy”, you can read Greenwald and conservative blogger John Cole for a rundown of the latest twist. For those that don’t know what the outrage is about, Wikipedia has a good summary. Although, if you don’t know about, consider yourself lucky. This doesn’t look good for anyone involved, and I’m not really sure what the point was for TNR publishing this in the first place, let alone the idiotic controversy that followed.
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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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