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• n  a correlation between two variables (e.g., between the number of electric motors in the home and grades at school) that does not result from any direct relation between them (buying electric motors will not raise grades) but from their relation to other variables

News & Articles

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• Is The Fed Driving You To Drink?
  While this morning we were re-assured by the government's statistics that there is no inflation (or deflation); implicitly enabling the Fed's extreme monetary policy to continue with no immediate consequence, it would appear there is an oddly synchronized rise in the price of something critical to day-to-day 'coping' for many - alcohol prices . Spurious correlation or unintended consequence ...
  Dec. 17, 2013 - Zero Hedge