The Economist created the Big Mac Index in 1986 to compare the price of the Big Mac in different countries. Their goal, they said, was to make exchange rate talk more “digestible.” However, the January 16 Index also generated some…
Santa’s Unfair Trade Practices
On Christmas Eve, Santa will visit approximately 160 million children. Traveling at nearly 6,214 miles an hour, he will cover 19.3 million square miles. Along the way, he has to stop, drop off each of his 20 tons of presents,…
What Can We Learn From a Big Mac?
About much more than just a burger, the Big Mac Index can help us compare purchasing power and the GDP in different countries.
The Downside of Made in America
Seemingly clear, “Made in America” becomes much more complex when we define it and look at its impact on taxpayers, consumers, and workers.
The Impact of Export Curbs on Medical Equipment
When nations try to guarantee their domestic medical equipment supply through trade restrictions, the policy could backfire.
A Simple Look at the World’s Most Complex Economies
To its detriment, the U.S. might have insufficiently recognized the impact of China’s economic complexity in the U.S. China trade deal.
Everything We Need to Know About Global Economic Risk
Concerned with a shift away from traditional multilateral institutions and free trade, the World Economic Forum identifies our global economic risk.
A Global Look at the 737 MAX
More than a U.S., airplane, the Boeing 737 MAX is made from components that come from the 600 companies in its global supply chain.
A China Story: Doggie Doo-dah Bags
A visit to a doggie doo-dah plastic bags maker in China illustrates the shift from Chinese manufacturing to Vietnam and Indonesia.
Six Small Facts About Globalization That Are Really Big
When we looked at Six Facts About Globalization, there was lots we did not say. So let’s add six more facts. Six (Small) Facts (That Have a Big Meaning) 1. The reefer plays a huge role in our global transportation…