Archive for August 27th, 2009

Normalizing Spending Power Across Countries Using Hamburgers

Uncategorized: August 27th, 2009

When we were in Japan, we were warned not to directly convert the prices directly to our local currency. Since Tokyo is ten times more expensive than Manila, we would surely be in a shock of our lives and end up not buying any basics since stuff is so expensive. How did we arrive at [...]