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 Center Square) – In addition to measuring foreign exchange rates, an economist is using the price of a hamburger to examine inflation. The Economist magazine developed the Big Mac index in 1986 ...

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 ...

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 ...

Evaluating the cost of a McDonald's big mac across different countries doesn't only tell you where you can get more burgers for your money, it's also used as a way of assessing whether exchange rates ...

President Donald Trump‘s latest trade policy memo could find unexpected support from an unlikely source—McDonald’s (NYSE:MCD) hamburger prices. The Economist’s Big Mac Index, a longstanding measure of ...

The Big Mac has been around for so long, it's basically a staple of American fast food. Launched in the U.S. in 1967, nearly two decades after the first McDonald's restaurant opened, the fast food ...

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 ...