Posts Tagged ‘Big Mac Index’

  • Big Macs and Currency Manipulators

    Oct 24, 12 • 486 Views • No Comments

    In China, a Big Mac costs close to the equivalent of $2.44. That same burger in the US is $4.20. The basic idea is PPP, purchasing power parity. The dollar can buy more when the yuan is undervalued. And President Obama and Governor Romney have both indicated......  [read more]

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    African Notes

    Sep 30, 11 • 396 Views • No Comments

    If you were asked to select the world’s fastest growing economies, maybe you would place China at the top of your list.  This Economist Daily Chart sums it all up. 6 of the world’s fastest growing economies, 2001-2010, are located in......  [read more]

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    Burgernomics

    Jul 25, 10 • 447 Views • No Comments

    The Big Mac Index is out again. Not much has changed. Norway’s Big Macs are most expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us? Starting with an average U.S. price of $3.73 (based on 4 cities), we can determine whether......  [read more]

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    Hamburger Economics

    Mar 22, 10 • 1172 Views • 1 Comment

    When U.S. senators consider whether to respond to an undervalued Yuan, they can check the most recent Big Mac Index.  Big Macs are 49% cheaper in China than in the U.S. According to The Economist, we would pay $3.58 for a Big Mac here and the......  [read more]

  • The Significance of a Big Mac

    Jan 7, 10 • 277 Views • No Comments

    Listening to Part 1 of......  [read more]