Friday, January 20, 2012

Burgernomics Redux

Recently, a very smart, and smart looking, description of The Big Mac Index was posted at:

Note especially the "Issues and Limitations" stuff at the bottom.

For use of the index as an economic indicator, of course see the book Simon Constable and I put out last year, The Wall Street Journal Guide to the 50 Economic Indicators that Really Matter: From Big Macs to "Zombie Banks," the Indicators Smart Investors Watch to Beat the Market.

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