Archive for February, 2013

How economists say “I love you”

Liz Fosslien has thirteen more up on her blog, just in time for Valentine’s Day!

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Interactive Big Mac Index

Over at the Economist website, they have a very interesting interactive tool for the Big Mac Index. 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 notion that in the […]

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