We all know CPI is BS.

Then what is the true CPI?

Too brash.

Explain like I’m 5.

Economics isn’t an exact science.

What does it predict?

Too arrogant.

Old fashioned.

Word salad.

It’s just price index theory.

Meanwhile, back in the real world…

This is a backwater.

Show us your calculations.

My colleague solved that.

No one cares.

You don’t get it.

It’s wrong.

We’re economists, not mathematicians.

Submit it to a journal.

Preference maps are unobservable.

Your point is too technical.

Cute. But what would be cool is…

We are now data-driven.

We already knew it.