Posts Tagged ‘Mexico’

  • Everyday economics and Shake Shack

    Purchasing Power

    Feb 22, 13 • 562 Views • 1 Comment

    The Big Mac Index is out again and not much has changed. Norway’s Big Macs are expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us about purchasing power? Starting with an average U.S. price of $4.37, we can determine whether other......  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    “It’s Not Easy Being Green”

    Jun 12, 12 • 345 Views • No Comments

    Hearing Kermit the Frog say, “It’s not easy being green,” Mexican environmentalists might agree. Since March 2009, Mexican households have been offered cash payments or subsidized loans for replacing refrigerators and air-conditioners that......  [read more]

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    Trading Places

    Jun 14, 11 • 426 Views • No Comments

    A switch has taken place. More than half of our imported goods used to come from the G-6 countries (Canada, France, Germany, Italy, Japan, the U.K.) Now, we import more from China, Mexico and Brazil. Specifically, in 1987, 55% of U.S. merchandise imports came......  [read more]

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    Debt Deja Vu

    Jun 9, 11 • 352 Views • No Comments

    Again, Greek debt was in the news. This time, though, the focus was other defaults. For as long as nations have existed, they have borrowed money and then been unable to repay it. The first report of Greece defaulting on her debt was during the fourth century......  [read more]