The “Big Mac Index” was created in the 1980s by economists looking to evaluate the relative levels of affordability among various countries and currencies. The idea was that McDonald’s Big Mac was ...

Forget finance pros, your local banker, and even TikTok money psychics, for that matter. The only thing you need to understand the economy and where it's headed is a hearty, satisfying burger. The ...

The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the ...

The Big Mac index reveals inflation is underestimated; Big Mac prices have risen 163% since 2000, while official inflation is only 85%. Technological advancements and hedonic adjustments skew ...

The Economist has released its Big Mac Index for July, and it turns out the soaring loonie is causing something of a pickle for Canadians. The magazine compares the price of Big Macs locally to a ...

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index ...

The Big Mac index is old hat. Who, in these health-conscious times, buys a Big Mac any more? Instead, please welcome a more pertinent yardstick for our time: the iPod index. This is the brainchild of ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The “law of one price” holds that identical goods should trade for the same price ...

Whether it's a staple of your diet, or a meal you're forced to pick up on a road trip, nearly all of us recognize two beef patties, three sesame seed buns, cheese, pickles, iceberg lettuce, onions and ...