Mars (chocolate Bar) - Economics

Economics

It has been observed on several occasions that the price of a Mars bar correlates fairly accurately with the change in value of the pound sterling since World War II, much in the way that the Big Mac Index has proven to be a good indicator of the actual relative purchasing power of world currencies.

Read more about this topic:  Mars (chocolate Bar)

Famous quotes containing the word economics:

    The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
    James Thurber (1894–1961)

    I am not prepared to accept the economics of a housewife.
    Jacques Chirac (b. 1932)

    Religion and art spring from the same root and are close kin. Economics and art are strangers.
    Willa Cather (1876–1947)