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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Interesting idea.
One of the weirdest presentations at Web 2.0 was given by the folks from Second Life, a game that had essentially created a second world for its users to develop and modify and improve. The world has tools that allow real users to create virtual objects, buy and sell land, and establish businesses inside the virtual world. Think massive multiplayer role playing games (MMORPG) with an open story.
In case you were curious what the game looked like and wanted more information on it, Rocketboom is featuring it in one of their recent video blog (vlog) posts. Rocketboom is pretty interesting generally anyway, so if you’re looking for video blogs to subscribe to, this might be one to try.
