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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (83339)8/28/2000 3:19:56 AM
From: Skeeter Bug  Respond to of 132070
 
mike, stop spreading this tabloid stuff...

seen elvis lately? ;-)



To: Mike M2 who wrote (83339)8/28/2000 1:23:06 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Mike, these guys often have some interesting stuff in print.



To: Mike M2 who wrote (83339)9/7/2000 1:15:43 AM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
Mike -

news.ft.com

"
America's hedonism leaves Germany cold
US methods of price indexing exaggerate output compared with European rivals
Published: September 3 2000 18:13GMT | Last Updated: September 4 2000 17:18GMT




Formerly reserved for shopping, Labor Day has more and more been given over to celebrating the triumphs of American productivity growth. Higher output per hour of toil has been the story of mankind since the invention of the plough and the battering ram. What ostensibly sets the millennium apart is the productivity miracle of the computer.

But the US has brought forth another miracle - the statistical method by which productivity gains are computed. By a process called "hedonic" price indexing, the fruits of the information-technology revolution are made to appear even plumper, riper and juicier than they actually are. ..."

Probably posted previously.

Regards, Don