What We Can Learn From Big Mac Prices

Based on the January 2017 Big Mac Index, we can get the most burger for our buck in Egypt. At the equivalent of $1.46, an Egyptian Big Mac is less than one-third the $5.06 U.S. price. On the other hand, a Big Mac…

Six Areas Where Economists Disagree With Everyone Else

A small firestorm ignited when the Chair of the President’s Council of Economic Advisers said, “Outsourcing is a growing phenomenon, but it’s something that we should realize is probably a plus for the economy in the long run.” Hearing the comment…