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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 23, 2018

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

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Dashboard 1

July 19, 2017

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

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September 13, 2016

China
The Geo-Graphics Mini Mac Index Deep Fries the Big Mac Once Again

    The “law of one price” holds that identical goods should trade for the same price in an efficient market.  But to what extent does it actually hold internationally? The Economist mag…

The Geo-Graphics Mini Mac Index Deep Fries the Big Mac Once Again

September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.

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…

June 25, 2018

United States
Is the Fall in Foreign Treasury Holdings a Trump Dump?

“In the age of Trump,” warned a Bloomberg op-ed last year, “America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government.” Today, with Trump piling …

Is the Fall in Foreign Treasury Holdings a Trump Dump?

January 8, 2016

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

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February 24, 2015

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

Representative Mac Thornberry (R-TX) joins Princeton Universitys James Shinn to discuss threats to U.S. national security and Thornberry’s vision for the House Armed Services Committee

Play Thornberry.jpg

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…