What does the Big Mac Index really measure?

The Economist is out with the latest Big Mac Index measurement. The Big Mac Index — which compares the price of the famous McDonald’s hamburger in various countries around the world — was started as a joke in 1986, and purports to act as a light-hearted proxy for measuring the purchasing power of currencies around the world. The Big Mac is a homogeneous good that is sold worldwide, which makes it a plausible candidate for such a comparison.

Read More At TheWeek.com

18 thoughts on “What does the Big Mac Index really measure?

  1. There are new features constantly popping up on the market.
    If you have monitoring home security systems, the alarm company will get in
    touch with you and those on your address book as well as provide a presence at your home within a very
    good time frame. People who are living in areas where security is secondary can use this device.

  2. Someone might want to import Big Mac’s from India. Or if your addicted to fast food shows good vacation spots. The chart could be expanded to include the same items and formula US uses in the cost of living index as a guide to ex-patriots on a budget..

  3. Interesting..a Big Mac is really cheaper in Japan? And it is apples to apples (sorry, I could not resist).

    If true, that suggest Japan’s stand tad of living is higher than we think…

  4. I think this is among the most vital information for
    me. And i am glad reading your article. But should remark on some general things, The website
    style is perfect, the articles is really great : D.
    Good job, cheers

  5. My partner and I absolutely love your blog and find nearly all
    of your post’s to be precisely what I’m looking for.

    Does one offer guest writers to write content available for you?

    I wouldn’t mind producing a post or elaborating on a number of
    the subjects you write concerning here. Again, awesome blog!

  6. Thanks , I have just been searching for info about this subject for ages and yours is the best I have
    came upon so far. However, what concerning the bottom line?
    Are you positive about the source?

  7. Oh my goodness! Awesome article dude! Thank you so much, However
    I am going through troubles with your RSS.
    I don’t understand the reason why I am unable to join it.

    Is there anyone else having the same RSS problems?
    Anybody who knows the answer can you kindly respond?
    Thanx!!

  8. Great post. I used to be checking constantly this weblog and
    I’m inspired! Very helpful info specifically the
    closing phase 🙂 I maintain such info a lot. I was looking for this particular info for a very
    lengthy time. Thank you and good luck.

  9. When I originally commented I appear to have clicked on the -Notify me when new comments are added- checkbox and now every time a comment is added I get four emails with the same comment.

    There has to be a means you are able to remove me from that service?
    Kudos!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s