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Price Statistics Review Committee (Stigler Commission): Difference between revisions
Price Statistics Review Committee (Stigler Commission) (edit)
Revision as of 06:37, 10 February 2026
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|content=So to sum it up: he is not wrong. | |content=So to sum it up: he is not wrong. | ||
I think what I said to him is that after the 1950s, inflation became a modern tool/weapon rather than a measurement starting with the Stigler Commisson. I explained my view that the @BLS_gov is a quiet version of the @federalreserve. An insanely powerful “Statistics” organization where economists actually implement policy by simply chosing how to compute economic numbers. | I think what I said to him is that after the 1950s, [[Inflation|inflation]] became a modern tool/weapon rather than a measurement starting with the [[Price Statistics Review Committee (Stigler Commission)|Stigler Commisson]]. I explained my view that the @BLS_gov is a quiet version of the @federalreserve. An insanely powerful “Statistics” organization where economists actually implement policy by simply chosing how to compute economic numbers. | ||
Numbers that just so happen to automatically transfer trillions and touch every aspect of our lives. | Numbers that just so happen to automatically transfer trillions and touch every aspect of our lives. | ||
He already knew a lot of the [[Boskin Commission|Boskin]]/GaugeTheory story from Harvard. Less about [[George Stigler|Stigler]] if I remember correctly. | He already knew a lot of the [[Boskin Commission|Boskin]]/[[Gauge Theory|GaugeTheory]] story from Harvard. Less about [[George Stigler|Stigler]] if I remember correctly. | ||
I’d love to ask Larry about all this now. | I’d love to ask Larry about all this now. | ||
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|usernameurl=https://x.com/EricRWeinstein | |usernameurl=https://x.com/EricRWeinstein | ||
|username=EricRWeinstein | |username=EricRWeinstein | ||
|content=I believe [[Jeffrey Epstein|Epstein]] is referring implicitly to the | |content=I believe [[Jeffrey Epstein|Epstein]] is referring implicitly to the “[[Price Statistics Review Committee (Stigler Commission)|Stigler Commission]]” of 1959-1961. | ||
This comes from a phone conversation around 2004. | This comes from a phone conversation around 2004. | ||