Paul Krugman: FRED Excels!

FRED Excels!, by Paul Krugman, in NY Times: One of Issawi’s Laws, which I can’t seem to find online, explained the laws of progress or lack thereof. First, the total amount of good and evil in any system remains constant. Second, most things get steadily worse. In particular, people get worse as they grow older, because they become more like themselves. The second proposition does not contradict the first, because some things get much better.

And here’s an example: FRED for Excel. I’ve long been a huge fan and consumer of the FRED database maintained by the St. Louis Fed. Now they have an add-on that lets you summon up data straight into an Excel workbook. Preliminary experimentation says its wonderful.

So now we have the tools to track the ongoing economic disaster with ease!

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