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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label burgernomics. Show all posts
Showing posts with label burgernomics. Show all posts
Friday, January 13, 2012

Big Mac Index: Swiss Priciest, India Most Affordable

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The Economist gives us an update on their Big Mac Index. They write , THE ECONOMIST's Big Mac index is based on the theory of p...
Friday, July 29, 2011

Big Mac Index: Brazil’s Real Priciest, India’s Rupee Most Affordable

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The Economist has an annual update of their Big Mac Index The Economist writes , (bold emphasis mine) THE Economist’s Big Mac index...
Saturday, July 24, 2010

Big Mac Index , Mercantilist Fallacies and ASEAN Currencies

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An updated graph of the Big Mac Index is shown by The Economist. THE Big Mac index, says the Economist , is based on the theory of purchas...
Saturday, January 24, 2009

Burgernomics: 2008 Financial Crisis Cheapens Asia's Big Macs

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According to the Economist , ``THE dollar's recent revival has made fewer currencies look dear against the Big Mac index, our lightheart...
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