Economy Jul 25 Is China manipulating its currency? The Big Mac and Mini Mac indexes disagree. By Benn Steil
Economy Sep 26 Column: Which currencies are overvalued? The Mini Mac Index tells all The “law of one price” holds that identical goods should trade for the same price in an efficient market. But to what extent does it actually hold internationally?… By Benn Steil, Emma Smith
Economy Jan 12 Move over Big Mac, the Mini Mac Index is here to stay The “law of one price” holds that identical goods should trade for the same price in an efficient market. But to what extent does it actually hold internationally?… By Benn Steil, Emma Smith
Economy Jul 18 Is China manipulating its currency? The Big Mac Index says yes The Economist came out with their annual index of McDonald’s Big Mac, priced in different currencies. The index is a light-hearted measurement of “whether currencies are at their ‘correct’ level.”… By Kristen Doerer
Making Sen$e Jul 30 Big Mac index: Is the U.S. dollar overvalued? Everyone knows prices in the U.S. vary regionally, just like certain products are cheaper in China, say, or far cheaper in the Ukraine. But that hardly demonstrates that the renminbi or hyrvnia currencies are overvalued, Paul Solman says, noting that… By Paul Solman
Jul 30 Watch Falling dollar By PBS News Hour Leaders of the industrial world met in Florida earlier this year to discuss international finances and exchange rates. Paul Solman reports from New York on the effects of the fall of the U.S. dollar against other currencies, the biggest currency… Continue watching