31 May 2008
The Joint Economic Committee is a standing committee of the US Congress is charged with reporting on US economic conditions. Needless to say, the Committee is making a close study of the financial turmoil triggered by the collapse in US house prices and rising delinquency rates among “sub-prime” borrowers. Recently Alex J. Pollock gave testimony […]
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18 May 2008
Inflation in Australia has been running well outside the 2-3% range targeted by the Reserve Bank of Australia, which is why interest rates have been on the rise for the last couple of years. So what has been driving prices up in Australia? One useful way to get a sense of what has been happening is to use a type of chart known as a treemap. These charts tend to be pretty busy, but can be a great way to explore a rich set of data.
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