Tuesday, March 29, 2011

Inflation "education" courtesy of the ECB

From Professor Bill Black of UMKC:

The ECB's homepage highlights its inflation games: "Inflation Island" and "Economia." You can play them in 22 EU languages -- each of them financially illiterate.




Crake said...

I messed around with it and now I have a question: Did Ayn Rand develop this game - i.e. control the variables to validate its framework since no empirical examples do.

John Harvey said...

Oh, God, I'm afraid to even look at it. Will I laugh or cry?