Saturday, December 7, 2013

A weekend diversion

Funny and always relevant stuff in headlines from a mathematically literate world. Given the frequent rantings here at Loose Change on delusional interpretations of unemployment numbers this contribution was appreciated:


Our World: Unemployment Rate Jumps from 7.6% to 7.8%

Mathematically Literate World: Unemployment Rate Probably a Little Under 8%; Maybe Rising, or Not, Can’t Really Tell




Also highly recommended fun reading is 20 easy steps for trading up from a paper clip to a house.

HT to expatriate economist Justin Wolfers


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