These indices are for amusement only! Most people in the less-affluent countries can only dream of buying a Big Mac or visiting Starbucks which sells 5 cents of coffee for 4 or 5 dollars
Using The Chai Latte As Replacement For The Big Mac Index
Incentives Matter, Math History Edition
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Economists are fond of talking about how people respond to incentives — and
stress how social arrangements can produce suboptimal results when they
give ...
3 hours ago
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