aren't you cherry picking?
Reader comment on: Shlaes on Inflation
Submitted by Paul J (United States), Jul 18, 2014 17:04
Mr. Petroukis noted that MIT's analysis of the rate of change of the cost of "2 Billion Things" shows inflation at about 2%. You picked out the rate of change of cost of about 6 things and concluded the inflation rate must be much higher. Further, you picked out six things that you knew to have inflated fairly quickly. i.e. not typical.
If I said we're suffering massive deflation due to the ever decreasing cost of one item, computing power, would you agree with me? Or would you tell me my sample of items was too small to be valid?
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Call it whatever you want? Who cares.. [84 words] | JHX | Jul 19, 2014 22:45 |
gas prices? [9 words] | laugh | Jul 19, 2014 13:41 |
You won't see what you never look for. [72 words] | Scott B | Jul 19, 2014 12:15 |
Agreeing with Krugman [14 words] | Robert Lukitsch | Jul 19, 2014 07:48 |
Shlaes conclusions confirm EVERYONE'S personal experience [188 words] | epaminondas | Jul 19, 2014 05:58 |
The publishing of critism [257 words] | David Lund | Jul 18, 2014 20:18 |
The publishing of critism [257 words] | David Lund | Jul 18, 2014 18:51 |
Shallow [38 words] | jim haughey | Jul 18, 2014 18:11 |
Economic Revisionism [39 words] | Max Planck | Jul 18, 2014 17:46 |
Shlaes is an economic naif [41 words] | Paulie the K | Jul 18, 2014 17:45 |
Cost of Living vs CPI [110 words] | Paul from SA | Jul 18, 2014 17:36 |
⇒ aren't you cherry picking? [100 words] | Paul J | Jul 18, 2014 17:04 |
Long vs short [139 words] | Rocky | Jul 18, 2014 14:39 |
doing the math [50 words] | John Gillis | Jul 17, 2014 17:58 |
↔ Doing the math correctly [45 words] | Bitter Clinger | Jul 18, 2014 15:24 |
↔ Thanks [12 words] | John Gillis | Jul 18, 2014 15:52 |
↔ I blame American schools [w/response] [65 words] | Hywel Morgan | Jul 18, 2014 16:34 |
↔ Huh? [36 words] | Bitter Clinger | Jul 19, 2014 08:36 |
↔ Mea culpa [87 words] | Hywel Morgan | Jul 20, 2014 11:46 |
Newstand prices [45 words] | Jerry Skurnik | Jul 17, 2014 17:40 |
↔ pocket pain [37 words] | hector | Jul 18, 2014 18:22 |
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