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Economics 101: Consumer Price Index - Newsweek
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.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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The Washington Monthly: More Things That Matter More Than Lipstick
sujal 09/12/2008

Certain blogosphere friends have been clamoring for more substantive coverage of the election. While this isn’t necessarily an Obama or McCain focus, Hilzoy points to an underreported failure of the Bush administration.

If practices like those described in the article are common, it’s no wonder that productivity keeps going up… if you just keep fudging the hours down, how hard can it be?

(link)
12:43 am | leave a comment
The Washington Monthly: THE GOP ECONOMY
sujal 04/01/2007

The graph says is all: Median wages stagnant while GDP continues to rise. The economy can be doing great and sucking all at the same time. Only John Edwards is addressing this directly in his campaign.

(link)
4:36 pm | leave a comment