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The Big Mac as a Global Economic Measure

John Lawn, Editor-in-Chief / Associate Publisher

June 1, 2012

1 Min Read
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The Big Mac as Global Economic Equalizer--Who Knew?

Each year, the Economist magazine calculates a "Big Mac Index" that offers an unusual gauge of currency equivalencies, a comparative way to look at the value of labor in different countries, and other unexpected economic insights.

For a fascinating look at these kind of analytics, go to this story that appeared recently in the Atlantic magazine:    http://www.theatlantic.com/business/archive/2012/05/big-maconomics-how-mcdonalds-explains-the-world/256431/?google_editors_picks=true

 

 

 

 

About the Author

John Lawn

Editor-in-Chief / Associate Publisher, Food Management

John Lawn has served as editor-in-chief /associate publisher of Food Management since 1996. Prior to that, he was founding and chief editor of The Foodservice Distributor magazine, also a Penton Media publication. Arecognized authority on a wide range of foodservice issues, heis a frequent speaker to industry groupsand has been active in a broad range of industry associations for over two decades.

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