Like the Big Mac Index, when the Toy Zone tells us where LEGO prices are high and low, we can also compare currencies.
A Lot For a Latte?
We can get the most latte for our loot in Cairo. At the equivalent of $1.53, a Cairo tall latte is close to one-half the $3.45 price of one in the U.S. On the other hand, a tall latte in Zurich…
The Yuan Devaluation and the Big Mac Index
Showing the purchasing power of different currencies and under-and overvaluation, the Big Mac Index can provide an understanding of the yuan devaluation.
Weekly Roundup: From New Drachma to Old Monetary Dilemmas
Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.
Where to Spend the Most on a Big Mac
Displaying foreign exchange fluctuation, the price of a Big Mac in different countries can be compared to show if a currency is over- or undervalued.
Weekly Roundup: From Old Age to Old Signatures
Our Posts Roundup Sunday 12.14.14 The mystery of the missing magazines…more Monday 12.15.14 Where Italian needs a connection…more Tuesday 12.16.14 Which movie stars live longer…more Wednesday 12.17.14 The Christmas music list that keeps repeating…more Thursday 12.18.14 How a signature…
Our Sunday Charts The 2014 Big Mac Index is out and not much has changed. Norway’s Big Macs are most expensive and Chinese Big Macs are cheap. As The Economist explains, starting in 1986, they wanted to take a lighthearted look at whether currencies…