MIT Management Sloan School – “Measuring the Facts: Using Data to Tell the True Story of Inflation”

MIT Sloan professor Roberto Rigobon and Harvard University professor Alberto Cavallo are the co-founders of the Billion Prices Project. The project collects prices — it has around 15 million prices today — provided by online retailers around the world. The public data is used to conduct research in macroeconomics and international economics. The professors say there are many ways to measure life, and they’re helping fellow researchers access the data to do it.

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