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January 19, 2017

Financial Markets
Mini Mac Trumps the Big Mac

The “law of one price” holds that identical goods should trade for the same price in an efficient market.  But how well does it actually hold internationally? The Economist magazine’s famous Big Mac …

July 19, 2017

Financial Markets
How Fairly Valued is China’s Currency? Big Mac and Mini Mac Square Off Again.

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big Mac I…

August 9, 2019

Elections and Voting
Andrew Yang

CFR invited the presidential candidates challenging President Trump in the 2020 election to articulate their positions on twelve critical foreign policy issues. Candidates’ answers are posted exactly…

Andrew Yang

February 16, 2021

Asia
CFR Mini Mac Index Shows U.S. Dollar Falling, Other Safe Havens Soaring, Amid Pandemic

    The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Bi…