Merry Christmas
Have a good one.
Try to avoid time inconsistent behaviour during the break 😛
CPI: Christmas Price Index
Even with indications that consumer price growth is falling quickly, we know that at least one CPI is rising fast – the Christmas Price Index!
In the US it appears that the price of the bundle of “Christmas goods” has risen by 8.1% over the past year. My suspicion is that the New Zealand index would have risen even faster as our exchange rate has dropped like a stone in the past year.
Just to be clear, this index is made up of:
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Phoenix Perth 1-1
How did other people find the game last night.
I have to admit that it was probably the worst refing performance I’ve seen in my life – did the ref know that you weren’t allowed to touch the ball with your hand? At first his calls were bad, but by the second half they were bad and inconsistent.
Now I don’t like to complain about the ref – but in this case it was atrocious. Did anyone else feel that the ref was having a bad day or do you all think I’m being a big whiner 🙂
I’m not saying that he was biased – I did not think he was. He was just all over the show.
Unhappy the land that is in need of heroes
Ed Prescott has written some pretty brainy stuff in his time. I’m particularly a fan of his work on dynamic inconsistency in economics with Finn Kydland. But, here we see why you should not make heroes of people. Read more
500th post, sort of
After seeing Adam Smith at the Inquiring Mind reach 2,250 posts here, I decided to check my own post number. I noticed that I hit 500 posts with this one.
As a result, I expect some beers from Rauparaha, Agnitio, and Goonix on Saturday 😉
This post is the 678th post on this blog overall. Note that we will be changing the format soon – so keep your eyes peeled 😛
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