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Statistical guessing games

Article Abstract:

A commission headed by Michael Boskin found that the consumer price index exaggerates the true inflation rate by around 1.1% per year. Currently, 1/3 of federal spending is indexed to the CPI, and revising the index could save $1 trillion by 2008. However, retired people are likely to oppose changes.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996

Inflation Accounting, Reports, Accounting and auditing, United States. Bureau of Labor Statistics, Inflation (Finance), Social security, Consumer price indexes, Entitlement spending, Inflation (Economics), Cost of living adjustment, Boskin, Michael J.

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The zillion dollar games

Article Abstract:

The Olympics is no longer the international celebration of sport it was when the modern Games began again in 1896. Today's Games are more a celebration of marketing and perhaps the best opportunity for corporate giants to promote themselves.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996

Editorial, Cover Story, Olympics

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Subjects list: Economic aspects

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