Economics live!
Sports fans will mostly be familiar with the idea of live text commentary. If you can't watch the game, you can often find a live text stream on the BBC or Guardian websites giving you a minute-by-minute description of events. It's a good idea - it's much easier to multitask with the text stream in a window than while watching TV, while still retaining the dramatic tension of the game. Today, for some reason, the Guardian has come up with the hilarious idea of running a live commentary on the economics news. And yet - there is nothing to comment on! Here is the link - it started out at some think tank conference but I think they've swiftly given up on anything good happening there. So they've started pasting in press releases from economics consultancies and updating us on the dollar-pound exchange rate. They did find one interesting piece of news, from the US inflation data. Mirroring the UK's experience last week, an announcement of monetary tightening...