Jul
21st
21st
Felix Salmon’s takedown of the idiocy of this chart is cathartic:
“Yes, Mint.com really is comparing 2010 prices to 2000 prices after adjusting the 2000 prices for inflation, and finding that some prices have gone down. Which of course is true by definition, since inflation is the average rate at which prices have been rising, and some items will rise in price more slowly than others.”
Urghhhhh. Now I feel extra stupid for blindly reblogging something that turned up while checking out a shiny new app.
Source:
mint.com
[22]
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laurendavidsonproject4 reblogged this from datavis and added:
An illustrative proportional diagram of each item makes the price difference clear, and works well with the data.
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courtenaybird liked this
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sciencevsromance reblogged this from rickwebb and added:
Urghhhhh. Now I feel extra stupid for blindly reblogging something that turned up while checking out a shiny new app.
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matthew liked this
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rickwebb reblogged this from sciencevsromance and added:
Felix Salmon’s takedown of the idiocy of this chart is cathartic: “Yes, Mint.com really is comparing 2010 prices to 2000...
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sciencevsromance reblogged this from datavis
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datavis posted this
