The Big Mac Index gets Garnished

The Economist just released an updated version of their Big Mac Index, having run a “best fit” regression line against GDP per person (the line does visibly appear to be a significant fit). A nice, novel metric, based on a measure referencing a good that may not be in the typical consumption basket across all economies.

“Currency Comparisons, To Go” from The Economist

Advertisements

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 )

Google+ photo

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

Connecting to %s