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February 25, 2015

China
Move Over Big Mac: The Law of One Price Is Lovin’ Our Little Mac Index

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

Blog Post by Benn Steil and Dinah Walker Geo-Graphics

February 7, 2020

Asia
CFR Mini Mac Index Suggests ‘Currency Manipulation’ Charges Trumped Up

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?

Blog Post by Benn Steil and Benjamin Della Rocca Geo-Graphics

July 23, 2018

International Economic Policy
Is Trump Right About the Strong Dollar? Not According to Our Mini Mac Index.

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Blog Post by Benn Steil and Benjamin Della Rocca Geo-Graphics

January 8, 2016

China
Our Mini Mac Index Flame-Broils The Economist—Yet Again

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Blog Post by Benn Steil and Emma Smith Geo-Graphics

February 24, 2015

United States
Mac Thornberry on the Budget, National Security, and Policy Reform

Mac Thornberry, U.S. Representative (R-TX) and chairman of the House Armed Services Committee, joins Princeton University’s James Shinn to discuss threats to U.S. national security and Thornberry’s…

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