Sunday, March 20, 2005

Big Mac Economics

From Pierre-Antoine Delhommais in Le Monde (no link):

In Nairobi it takes three hours' work to earn enough to buy a Big Mac, compared with five minutes in Miami. An employee in Mumbai must work for 89 minutes to afford a kilo of rice, against just five minutes in Switzerland.
I'm not sure why anyone would want to buy a Big Mac but you get the point.


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